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"For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a corporation that manufacturers and sells baseballs across several states in the Southeast. It had sales of $2.7 million during the last year. Expenses were as follows:
Cost of goods sold...............$1.2 million
Administrative expenses..........$250,000
Marketing and selling expenses...$175,000
Depreciation.....................$500,000
Interest expense.................$200,000
Dividends paid...................$150,000

Suppose that Sports Baseball has 30,000 shares of stock. Assume a tax rate of 30%. What is the EPS figure?
A)8.50
B)8.75
C)9.0
D)9.15
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For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a
corporation that manufacturers and sells baseballs across several states in the Southeast. It
had sales...