Parker Company suffers a large loss of one of its major manufacturing facilities due to a fire.

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Parker Company suffers a large loss of one of its major manufacturing facilities due to a fire. Management believes that this loss is both unusual and infrequent, and they estimate that the per share effect of the loss was $0.25 per share. Under IFRS, how would this loss be shown in the presentation of EPS?

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Intermediate Accounting

ISBN: 978-0324659139

11th edition

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

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