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##### Per attached how do you solve for A) Calculate and...

**Description**

Solution

**Question**

Per attached how do you solve for A) Calculate and show computations for basic and diluted earnings per share figures for common stock for the year 1 annual report ( assume a 50% tax rate) B) what is the times-interest earned ratio for year 2 assuming net income before interest and taxes is the same as year 1 (a 50% income tax rate applies),Per attached how do you solve for A) Calculate and show computations for basic and diluted earnings per share figures for common stock for the year 1 annual report ( assume a 50% tax rate) B) what is the times-interest earned ratio for year 2 assuming net income before interest and taxes is the same as year 1 (a 50% income tax rate applies),Hello, Per the attached. The answer for Diluted EPS is 1.20 in the book, how did you come up with .65? Is the book wrong?,So .65 is the correct answer and the answer in the book is wronG?

Paper#11916 | Written in 18-Jul-2015

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