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The 2020 income statement of Carla Vista Corporation showed net income of $1,159,400, which included a loss from discontinued operations of $105,400. Carla Vista had
The 2020 income statement of Carla Vista Corporation showed net income of $1,159,400, which included a loss from discontinued operations of $105,400. Carla Vista had 34,000 common shares outstanding all year. (a) Calculate earnings per share (EPS) for 2020 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Earnings per share Income from continuing operations $ Loss from discontinued operations, net of tax $ Net income $
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