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Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $705,500, Interest expense = $47,000, and Taxes = $222,500. Bullseye's has no
Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $705,500, Interest expense = $47,000, and Taxes = $222,500. Bullseye's has no preferred stock outstanding and 210,000 shares of common stock outstanding. What are the 2008 earnings per share?
Possible Answers:
$2.30
$3.14
$3.36
$2.08
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