Calculate the 2012 earnings per share

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Reference no: EM13292537

The Fitness Studio, Inc.'s, 2012 income statement lists the following income and expenses: EBIT = $782,000, interest expense = $270,000, and taxes = $179,200. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2012 earnings per share.

Reference no: EM13292537

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