Question
2-4. Income Statement: 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
2-4. Income Statement: 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. (LG2-1)
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 978-0138596873
