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Meesh1234 Meesh1234
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Posts: 299
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5 years ago
Presented below are performance measure data from the income statement of Wheezer Company.

Gross Profit2,345,000
Operating Income1,987,000
Income from Continuing Operations before Taxes1,776,000
Income from Continuing Operations1,234,000
Net Income1,486,000

Wheezer has 200,000 shares of common stock outstanding. Prepare the summary schedule of earnings per share required by U.S. GAAP.
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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Replies
wrote...
5 years ago
 
Earnings per share:
Continuing Operations6.17
Discontinued Operations1.26
Net Income7.43
Meesh1234 Author
wrote...
5 years ago
White Checkmark
wrote...
5 years ago
...I assume it was right Smiling Face with Open Mouth
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