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For the year 20X1, the firm XYZ, Inc. reported no discontinued operations in its annual report. During 20X2, XYZ sold a division that qualified as
For the year 20X1, the firm XYZ, Inc. reported no discontinued operations in its annual report. During 20X2, XYZ sold a division that qualified as a discontinued operation. When XYZ presents the recasted 20X1 income statement in its 20X2 annual report, which line-items would be different than the original 20X1 income statement solely as a result of the discontinued operations presentation:
a. Total EPS
b.None of the listed answers
c.Revenue
d. All of the listed answers
e. Net income
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