Question
The 2017 income statement of Wilbur Company showed net income of $730,000 and a gain from discontinued operations of $62,000. Wilbur had 50,000 shares of
The 2017 income statement of Wilbur Company showed net income of $730,000 and a gain from discontinued operations of $62,000. Wilbur had 50,000 shares of common stock outstanding all year. Prepare Wilburs income statement presentation of earnings per share. (Round answers to 2 decimal places, e.g. 15.25.)
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
