Income Statement Barnyard,Inc.'s 2013 income statement lists the following income and expenses: EBIT = $500,000,interest expense = $45,000,and taxes = $152,000.Barnyard's has no preferred stock outstanding and 200,000 shares of common stock outstanding.What are its 2013 earnings per share?
A) $2.50
B) $2.275
C) $1.74
D) $1.515
Correct Answer:
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