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= Homework: Week Four Question 5, BE20-12 (similar to) Part 1 of 4 HW Score: 4.76%, 1 of 21 points Points: 0 of 1
= Homework: Week Four Question 5, BE20-12 (similar to) Part 1 of 4 HW Score: 4.76%, 1 of 21 points Points: 0 of 1 Save Lilac's Liquidators reported 452,000 shares of common stock outstanding for the year. The company also had stock options outstanding all year that will result in 122,000 incremental shares upon exercise. The company reported a net loss of $685,000 for the year, but income from continuing operations was equal to $1,570,000. Compute basic and diluted earnings per share for the year for both income from continuing operations and net loss. (Abbreviation Used: EPS = Earnings per share. Round your answers to the nearest cent, X.XX.) The basic earnings per share for income from continuing operations is $
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