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The firm paid out 36500 in cash dividends and has 41000

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Lifeline, Inc., has sales of $586,000, costs of $272,000, depreciation expense of $70,500, interest expense of $37,500, and a tax rate of 40 percent. The firm paid out $36,500 in cash dividends and has 41,000 shares of common stock outstanding. What are the earnings per share?

Reference no: EM13570706

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