Question: I would like both questions please E 4-10 Earnings per share L04-5 The Esposito Import Company had 1 million shares of common stock outstanding during
E 4-10 Earnings per share L04-5 The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income state- ment reported the following items income from continuing operations, S5 million: loss from discontinued opera tions, $1.6 million. All of these amounts are net of tax. Required: Prepare the 2021 EPS presentation for the Esposito Import Company. The Massoud Consulting Group reported net income of 51.354,600 for its fiscal year ended December 31, 2021. In addition, during the year the company experienced a positive foreign currency translation adjustment of S240,000 and an unrealized loss on debt securities of $80,000. The company's effective tax rate on all items affecting com- prehensive income is 25. Each component of other comprehensive income is displayed net of tax Required: Prepare a separate statement of comprehensive income for 2021 E 4-11 Comprehensive Income L04-6
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
