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The Fitness Studio, Inc.'s, 2015 income statement lists the following income and expenses: EBIT = $781,000, interest expense = $250,000, and taxes = $185,850. The
The Fitness Studio, Inc.'s, 2015 income statement lists the following income and expenses: EBIT = $781,000, interest expense = $250,000, and taxes = $185,850. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2015 earnings per share.
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