4 Exercise 4-10 (Algo) Earnings per share [LO4-5] 5 points eBook The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the following items: income from continuing operations, $11 million; loss from discontinued operations, $1.8 million. All of these amounts are net of tax. Required: Prepare the 2021 EPS presentation for the Esposito Import Company. (Amounts to be deducted should be indicated with a minus sign. Round your answers to 2 decimal places.) Hint 14 10 Print Earnings per share: Income from continuing operations Loss from discontinued operations Net income 5 Exercise 4-11 (Algo) Comprehensive income [LO4-6] 5 points eBook Hint Print References The Massoud Consulting Group reported net income of $1,390,000 for its fiscal year ended December 31, 2021. In addition, during the year the company experienced a positive foreign currency translation adjustment of $420,000 and an unrealized loss on debt securities of $65,000. The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income is displayed net of tax. Required: Prepare a separate statement of comprehensive income for 2021. (Amount to be deducted should be indicated with a minus sign.) Net income THE MASSOUD CONSULTING GROUP Statement of Comprehensive Income For the Year Ended December 31, 2021 Other comprehensive income, net of tax: Foreign currency translation adjustment Loss on debt securities Total other comprehensive income Comprehensive income $ 1,390,000 $ 1,390,000 9 5 points Exercise 4-26 (Algo) Evaluating efficiency of asset management [LO4-10] The 2021 income statement of Anderson Medical Supply Company reported net sales of $12 million, cost of goods sold of $5.5 million, and net income of $835,000. The following table shows the company's comparative balance sheets for 2021 and 2020: eBook: Assets Cash ($ in thousands) 2021 2020 $ 440 $ 520 Accounts receivable Inventory 840 1,250 570 1,050 Property, plant, and equipment (net) 3,100 2,820 Print Total assets $5,630 $4,960 Liabilities and shareholders' equity Current liabilities $1,100 $970 References Bonds payable. 1,550 1,550 Common stock 1,700 1,700 Retained earnings 1,280 740 Total liabilities and shareholders' equity $5,630 $4,960 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round your answers to 2 decimal places.) Inventory turnover ratio Receivables turnover ratio Average collection period Asset turnover ratio times times days times