(L04) The 2017 income statement of Wasmeier Corporation showed net income of $480,000 and a loss from...
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(L04) The 2017 income statement of Wasmeier Corporation showed net income of $480,000 and a loss from discontinued operations of $120,000. Wasmeier had 100,000 shares of common stock outstanding all year. Prepare Wasmeier’s income statement presentation of earnings per share.
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