GAAP has very detailed guidance on the calculation and disclosure of earnings per share (EPS). If a public company ceases operations, how are EPS measures treated? Diluted EPS is calculated assuming net profit from continuing operations and total net profit; basic EPS is not measu ODiluted EPS is calculated based on the final balance sheet; basic EPS is not measured. O Basic EPS is calculated assuming net pr O Both basic and diluted EPS measures are calculated assuming continuing operations Subenit 10 ch