All Care Inc. reported the following selected information for the last three years (in millions, except for per share amounts):

Instructions
(a) Calculate All Care's return on equity, earnings per share, and price-earnings ratios before and after discontinued operations for 2014, 2013, and 2012.
(b) Evaluate All Care's performance over the last three years before and after discontinued operations.
(c) How would reporting discontinued operations affect your analysis of All Care's performance?
Taking It Further
Why is it important that discontinued operations be reported separately only if the operations qualify as a component of an entity?

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2014 2013 2012 $20,300 3,400 80 $1,250 620 200 $ 430 450 $ 24.40 Sales and operating revenues Average shareholders' equity Preferred dividends $24,900 2,400 80 $1,130 $23,800 1,900 60 990 Profit from continuing operations Loss on disposal of discontinued operations Loss from discontinued operations Profit 150 $ 980 470 19.88 180 Weighted average number of common shares Market price per share $ 810 460 21.60