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Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $700,000, Interest expense = $50,000, and Taxes = $217,000. Bullseye's has no
Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $700,000, Interest expense = $50,000, and Taxes = $217,000. Bullseye's has no preferred stock outstanding and 300,000 shares of common stock outstanding. What are the 2008 earnings per share?
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