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Earnings Per Share. Listed below in scrambled order are 11 income statement categories. Use the letter E to indicate whether GAAP requires an EPS calculation

Earnings Per Share.

Listed below in scrambled order are 11 income statement categories. Use the letter E to indicate whether GAAP requires an EPS calculation for the category (leave blank the categories that do not require an EPS calculation).

( ) Discontinued operations.

( ) Cost of goods sold.

( ) Other revenues and gains.

( E ) Net income.

( ) Income taxes.

( ) Sales revenue.

( ) Gross profit on sales.

( ) Income from operations.

( ) Income from continuing operations before income taxes.

( ) Operating expenses.

( ) Income from continuing operations.

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