Question
The Fitness Studio, Inc.s, 2021 income statement lists the following income and expenses: EBITDA = $929,000, EBIT = $775,000, interest expense = $106,000, and taxes
The Fitness Studio, Inc.’s, 2021 income statement lists the following income and expenses: EBITDA = $929,000, EBIT = $775,000, interest expense = $106,000, and taxes = $234,150. 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.)
Step by Step Solution
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Step: 1
To calculate earnings per share EPS you can use the following formula EPS Net Income P...
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
