Question: The Fitness Studio Inc s 2015 income statement lists the following

The Fitness Studio, Inc.’s 2015 income statement lists the following income and expenses: EBIT = $773,500, interest expense = $100,000 and taxes = $234,500. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2015 earnings per share.


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  • CreatedSeptember 23, 2014
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