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Problem 2-4 Income Statement (LG2-1) The Fitness Studio, Inc.'s, 2021 income statement lists the following income and expenses: EBITDA = $963,000, EBIT = $783,500, interest
Problem 2-4 Income Statement (LG2-1) The Fitness Studio, Inc.'s, 2021 income statement lists the following income and expenses: EBITDA = $963,000, EBIT = $783,500, interest expense = $140,000, and taxes = $225,225. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2021 earnings per share. (Round your answer to 2 decimal places.) Earnings per share
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