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Income Statement Bullseye, Inc's 2008 income statement lists the following income and expenses: EBIT $701,000, Interest expense- $51,500, and Taxes $218,000. Bullseye's has no preferred

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Income Statement Bullseye, Inc's 2008 income statement lists the following income and expenses: EBIT $701,000, Interest expense- $51,500, and Taxes $218,000. Bullseye's has no preferred stock outstanding and 310,000 shares of common stock outstanding. What are the 2008 earnings per share? Multiple Choice $2.26 $2.10 $1.56

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