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A company has 500,000 share of common stock issued and outstanding. The company reports the following earnings per share data. Income from continuing operations Loss
A company has 500,000 share of common stock issued and outstanding. The company reports the following earnings per share data. Income from continuing operations Loss on discontinued operations $0.40 ??? Net income $0.28 If the company's tax rate is 40%, what is the total pre-tax loss on discontinued operations? Format guidance: Enter whole number only. Round to the nearest whole dollar. No dollar sign, comma, or decimal point. Examples: 1003 or 20058 X (no answer) Correct Answer: 100,000
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