The 2020 income statement of Pharoah Corporation showed net income of $476,000 and a loss from discontinued operations of $114,000 Pharoah had 100,000 shares of common stock outstanding all year.

Prepare Pharoah's income statement presentation of earnings per share.

Answer rating: 100% (QA)

A 1 Pharoah Corporation 2 Income statement ... View the full answer