Lifeline, Inc., has sales of $588,000, costs of $270,000, depreciation expense of $69,500, interest expense of $36,500, and a tax rate of 40 percent. The firm paid out $37,500 in cash dividends and has 43,000 shares of common stock outstanding. Requirement 1: What are the earnings per share? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16)) Earnings per share $ Requirement 2: What are the dividends per share? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16)) Dividends per share $

Lifeline, Inc., has sales of $588,000, costs of $270,000, depreciation expense of $69,500, interest expense of $36,500, and a tax rate of 40 percent. The firm paid out $37,500 in cash dividends and has 43,000 shares of common stock outstanding.

Requirement 1:

What are the earnings per share? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16))

Earnings per share

$

Requirement 2:

What are the dividends per share? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16))

Dividends per share

$