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Brief Exercise 16-12 The 2017 income statement of Grouper Corporation showed net income of $518,000 and a loss from discontinued operations of $130,000. Grouper had
Brief Exercise 16-12
The 2017 income statement of Grouper Corporation showed net income of $518,000 and a loss from discontinued operations of $130,000. Grouper had 100,000 shares of common stock outstanding all year. Prepare Groupers income statement presentation of earnings per share.
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