The firm has no preferred stock outstanding

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Reference no: EM131884413

The fitness studio Inc.'s 2018 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 2018 earnings per share.

Reference no: EM131884413

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