Earnings per share is calculated as: (Net Income - Preferred Dividends) / Avg. O

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Earnings per share is calculated as: (Net Income - Preferred Dividends) / Avg. Outstanding Shares . . . . . . . . . . . . . . . . . . 2010 . .2011 Revenue . . . . . . . . . . .$3,400 $3,500 Less: Cost of goods sold . . . . . 1,300 1,400 Depreciation . . . . . . . . . . .440 . .460 Administrative expenses . . 440 . .490 Interest expense . . . . . . . . .90 . . 90 Federal and state taxes* . . 340 . 360 Net Income . . . . . . . . . . .$790 . $700 in thousands of dollars: . . . . . . . . . . . . . . . . .$790,000 . $700,000 790,000 / 500,000 = $1.58 EPS for 2010 700,000 / 500,000 = $1.40 EPS for 2011 Report Abuse

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That was what i gave you as an answer in your previous post. Please rate this answer now as lifesaver & post the question which u still are in doubt. Thank u in advance. God bless u :)

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