Question

The Esposito Import Company had 1 million shares of common stock outstanding during 2011. Its income statement reported the following items: income from continuing operations, $5 million; loss from discontinued operations, $1.6 million; extraordinary gain, $2.2 million. All of these amounts are net of tax.

Required:

Prepare the 2011 EPS presentation for the Esposito Import Company.



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  • CreatedJune 24, 2013
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