Question: Problem 2 - 4 Income Statement ( LG 2 - 1 ) The Fitness Studio, Incorporated's income statement lists the following income and expenses: EBITDA

Problem 2-4 Income Statement (LG2-1)
The Fitness Studio, Incorporated's income statement lists the following income and expenses: EBITDA =$951,000, EBIT =$780,500, interest expense =$128,000, and taxes =$228,375. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding.
Calculate the earnings per share.
Note: Round your answer to 2 decimal places.
Earnings per
share
Problem 2-14 Spreadsheet Problem: Statement of Retained Earnings (LG2-1)
Use the following information to find dividends paid to common stockholders during 2024.
Note: Enter your answer in millions of dollars. (i.e., Enter 10,000,000 as 10.)
\table[[,\table[[(in millions of],[dollars)]]],[\table[[Balance of retained earnings, December],[31,2023]],,$,464],[Plus: Net income for 2024,,,20],[Less: Cash dividends paid,,,],[Preferred stock,$,1,],[Common stock,,,],[Total cash dividends paid,,,],[\table[[Balance of retained earnings, December],[31,2024]],,$,474]]
 Problem 2-4 Income Statement (LG2-1) The Fitness Studio, Incorporated's income statement

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