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Explanation please. Thanks The Fitness Studio, Incorporated's income statement lists the following income and expenses: EBITDA =$923,000, EBIT =$773,500, Interest expense =$100,000, and taxes =$234,500.

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The Fitness Studio, Incorporated's income statement lists the following income and expenses: EBITDA =$923,000, 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 earnings per share. Note: Round your answer to 2 decimal places

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