TB MC Qu. 2-7 Income Statement Barnyard, Incorporated's 2018 income statement... Income Statement Barnyard, Incorporated's...
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Accounting
TB MC Qu. 2-7 Income Statement Barnyard, Incorporated's 2018 income statement...
Income Statement Barnyard, Incorporated's 2018 income statement lists the following income and expenses: EBIT = $501,500, Interest expense = $50,000, and Taxes = $153,500. Barnyard's has no preferred stock outstanding and 190,000 shares of common stock outstanding. What are its the 2018 earnings per share? (Round your answer to 2 decimal places.)
Multiple Choice
$2.38
$1.83
$1.57
$2.64
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