Question
The Fitness Studio, Inc.s, 2021 income statement lists the following income and expenses: EBITDA = $961,000, EBIT = $783,000, interest expense = $138,000, and taxes
The Fitness Studio, Inc.s, 2021 income statement lists the following income and expenses: EBITDA = $961,000, EBIT = $783,000, interest expense = $138,000, and taxes = $225,750. 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.)
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
