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The 2020 income statement of Wildhorse Corporation showed net income of $1,190,700, which included a loss from discontinued operations of $98,000. Wildhorse had 49,000 common
The 2020 income statement of Wildhorse Corporation showed net income of $1,190,700, which included a loss from discontinued operations of $98,000. Wildhorse had 49,000 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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