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Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $709,000, Interest expense = $56,000, and Taxes = $226,000. Bullseye's
Income Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $709,000, Interest expense = $56,000, and Taxes = $226,000. Bullseye's has no preferred stock outstanding and 390,000 shares of common stock outstanding. What are the 2008 earnings per share?
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