Problem:
Gitg, Inc., has sales of $614,797, costs of $266,951, depreciation expense of $77,058, interest expense of $37,579, and a tax rate of 38 percent. The firm paid out $54,455 in cash dividends and has 54,430 shares of common stock outstanding.
Required:
What are the earnings per share?
Note: Please show how you came up with the solution.