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The Fitness Studio, Inc.s 2018 income statement lists the following income and expenses: EBIT = $780,000, interest expense = $230,000, and taxes = $192,500. The

The Fitness Studio, Inc.s 2018 income statement lists the following income and expenses: EBIT = $780,000, interest expense = $230,000, and taxes = $192,500. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding.

Calculate the 2018 earnings per share.

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