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Calculate the earnings per share for fitness studio inc

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Reference no: EM133012466

Problem 1: The Fitness Studio, Inc.'s 2018 income statement lists the following income and expenses: EBIT = $773,500, interest expense = $100,000, and taxes = $234,500. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding. Calculate the 2018 earnings per share.

Reference no: EM133012466

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