On December $31,2023,$ Ainsworth, Incorporated had $760$ million shares of common stock outstanding.Twenty nine million shares of $6\%,$ $$100$ par value cumulative, nonconvertible preferred stock were sold on January $2,2024.$On April $30,2024,$ Ainsworth purchased $30$ million shares of its common stock as treasury stock.Twelve million treasury shares were sold on August $31.$Ainsworth issued a $5\%$ common stock dividend on June $12,2024.$No cash dividends were declared in $2024.$For the year ended December $31,2024,$ Ainsworth reported a net loss of $$185$ million, including an after$-$tax loss from discontinued operations of $$490$ million.Required:Compute Ainsworth's net loss per share for the year ended December $31,2024.$Compute the per share amount of income or loss from continuing operations for the year ended December $31,2024.$Prepare an EPS presentation that would be appropriate to appear on Ainsworth's $2024$ and $2023$ comparative income statements. Assume EPS was reported in $2023$ as $$0\mathrm{.}75,$ based on net income $($no discontinued operations$)$ of $$570$ million and a weighted$-$average number of common shares of $760$ million On December $31,2023,$ Alnsworth, Incorporated had $750$ million shares of common stock outstanding.

Twenty eight million shares of $5\%,$ $$100$ par value cumulative, nonconvertible preferred stock were sold

on January $2,2024.$

On Aprll $30,2024,$ Alnsworth purchased $50$ million shares of its common stock as treasury stock.

Twenty million treasury shares were sold on August $31.$

Ainsworth issued a $4\%$ common stock dividend on June $12,2024.$

No cash dividends were declared in $2024.$

For the year ended December $31,2024,$ Alnsworth reported a net loss of $$180$ million, Including an

after$-$tax loss from discontinued operations of $$480$ million.

Required:

Compute Alnsworth's net loss per share for the year ended December $31,2024.$

Compute the per share amount of income or loss from continuing operations for the year ended

December $31,2024.$

Prepare an EPS presentation that would be approprlate to appear on AInsworth's $2024$ and $2023$

comparative Income statements. Assume EPS was reported in $2023$ as $$0\mathrm{.}72,$ based on net Income $($no

discontinued operations$)$ of $$540$ million and a weighted$-$average number of common shares of $750$

million.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Compute Ainsworth's net loss per share for the year ended December $31,2024.$

Compute the per share amount of income or loss from continuing operations for the year ended December $31,2$

Note: Do not round intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered a

Negative amounts should be indicated by a minus sign. Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Compute Ainsworth's net loss per share for the year ended December $31,2024.$

Compute the per share amount of income or loss from continuing operations for the year ended December $3$ Note: Do not round intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entere Negative amounts should be indicated by a minus sign.

$\backslash$table$[[,,$tor,$-$:$,$Denominator,$=,$Net Loss Per Share$],[1.,1,152\backslash$times $,-$:$,735\backslash$times $,=,],[,$erator,$-$:$,$Denominator,,$\backslash$table$[[$Income or $($Loss$)$ from$],[$Continuing Operations$],[$Per Share$]]],[2,$$$,(328)\backslash$times $,-$:$,735\backslash$times $,=,]]$ Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Req $3$

Prepare an EPS presentation that would be appropriate to appear on Ainsworth's $2024$ and $2023$ comparative income

statements. Assume EPS was reported in $2023$ as $$0\mathrm{.}72,$ based on net income $($no discontinued operations$)$ of $$540$ million

and a weighted$-$average number of common shares of $750$ million.

Note: Round your answers to $2$ decimal places. Loss amounts should be indicated with a minus sign.