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What is the earnings per share

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Question - A company reported the following data for the year ending 2018:

Description

Amount

Sales

$400,000

Sales discount

$16,000

Sales returns and allowances

$13,000

Cost of goods sold

$117,000

Operating expense

$153,000

Income tax expense

$23,750

There are 25,000 shares outstanding throughout the year. What is the earnings per share?

Reference no: EM133076666

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