Question 7 of 10 Current Attempt in Progress

Wildhorse Corporation decided to discontinue its wholesale operations and to retain their manufacturing operations. On July 1. Wildhorse sold the wholesale operations. During 2020, there were 800,000 shares of common stock outstanding all year. Compute each of the following. (Round earnings per share answer to 2 decimal ploces, es. 5.25 and oll other answers to 0 decimal places, eg. 5.275 Presented below is financial information of the Wildhorse Corporation for 2020. Current Attempt in Progress Crane Corporation's Capital structure consists of 50,000 shares of common stock. At December 31, 2020 an andilysis of the accounts and discussions with compary officials revealed the following information: Question 8 of 10 128 The amount of income tawes was $68.820. excluding the tax eflect of the discontinued operations lows which amounted to $24,600