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Exercise 4-10 (Algo) Earnings per share [LO4-5] The Esposito Import Company had 1 million shares of common stock outstanding during 2024. Its income statement reported

image text in transcribedimage text in transcribed Exercise 4-10 (Algo) Earnings per share [LO4-5] The Esposito Import Company had 1 million shares of common stock outstanding during 2024. Its income statement reported the following items: income from continuing operations, \$7 million; loss from discontinued operations, $1.4 million. All of these amounts are net of tax. Required: Prepare the 2024 EPS presentation for the Esposito Import Company. Note: Amounts to be deducted should be indicated with a minus sign. Round your answers to 2 decimal places. 1. Determine the following ratios for 2024 : Note: Round your percentage answers to 1 decimal place. 2. Determine the amount of dividends paid to shareholders during 2024. Note: Enter your answers in whole dollars, not in thousands. For example, \$150,000 rather than 150 . Exercise 4-10 (Algo) Earnings per share [LO4-5] The Esposito Import Company had 1 million shares of common stock outstanding during 2024. Its income statement reported the following items: income from continuing operations, \$7 million; loss from discontinued operations, $1.4 million. All of these amounts are net of tax. Required: Prepare the 2024 EPS presentation for the Esposito Import Company. Note: Amounts to be deducted should be indicated with a minus sign. Round your answers to 2 decimal places. 1. Determine the following ratios for 2024 : Note: Round your percentage answers to 1 decimal place. 2. Determine the amount of dividends paid to shareholders during 2024. Note: Enter your answers in whole dollars, not in thousands. For example, \$150,000 rather than 150

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