ncome Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $702,000, Interest expense = $53,000, and Taxes = $219,000. Bullseye's has no preferred stock outstanding and 320,000 shares of common stock outstanding. What are the 2008 earnings per share? Multiple Choice   $1.51   $2.03   $1.34   $2.19

Financial Accounting: The Impact on Decision Makers
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ncome Statement Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $702,000, Interest expense = $53,000, and Taxes = $219,000. Bullseye's has no preferred stock outstanding and 320,000 shares of common stock outstanding. What are the 2008 earnings per share?

Multiple Choice

  •  
    $1.51
  •  
    $2.03
  •  
    $1.34
  •  
    $2.19
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