Income statement-shares of common stock outstanding

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Income Statement: The Fitness Studio, Inc's, 2015 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 2015 earnings per share. (LG2-1)

Reference no: EM13974595

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