Kim Brother Fitness Center had common shareholders' equity of $546,890.The company had net income during the year of $359,000.There were 378,000 shares of common stock outstanding throughout the year and no preferred stock at any time.Calculate earnings per share (rounded to the nearest cent).

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The Answer of Kim Brother Fitness Center had common shareholders' equity of $546,890.The company had net income during the year of $359,000.There were 378,000 shares of common stock outstanding throughout the year and no preferred stock at any time.Calculate earnings per share (rounded to the nearest cent).

Kim Brother Fitness Center Had Common Shareholders' Equity of $546,890