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Calculate the 2015 earnings per share

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The Fitness Studio, Inc.'s, 2015 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 2015 earnings per share.

Reference no: EM131815784

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