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The Esposito Import Company had 1 million shares of common stock outstanding during 2018. Its income statement reported the following items: income from continuing operations,
The Esposito Import Company had 1 million shares of common stock outstanding during 2018. Its income statement reported the following items: income from continuing operations, $12 million; loss from discontinued operations, $2.5 million. All of these amounts are net of tax. Required: Prepare the 2018 EPS presentation for the Esposito Import Company.
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