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The Fitness Studio, Inc.s 2018 income statement lists the following income and expenses: EBIT = $774,500, interest expense = $120,000, and taxes = $229,075. The
The Fitness Studio, Inc.s 2018 income statement lists the following income and expenses: EBIT = $774,500, interest expense = $120,000, and taxes = $229,075. 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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