Annual depreciation (in thousands of dollars)$300$300$300
Cash dividends per share$0.15$0.15$0.15
Cash payments for additions to and replacement of
plant and equipment (in thousands of dollars)$350$350$350
Income tax rate40%40%40%
Operating expenses (exclusive of depreciation) as a
percent of sales15%15%15%
Common shares outstanding (in millions)111
(a) (Enter amounts in thousands. Round earnings per share values to 2 decimal places, e.g. 52.75. Round other answers to 0 decimal places, e.g. 125.)
(1)Year-end inventory balances.
(2)Annual net income after taxes.
(3)Earnings per share.
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