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The following information is adapted from Walt Disney Company financial statements for the year ending October 3, 2020. Walt Disney Company Consolidated Statements of Operations
The following information is adapted from Walt Disney Company financial statements for the year ending October 3, 2020. Walt Disney Company Consolidated Statements of Operations - USD (S) shares in Millions, $ in Millions Revenues Total cost of goods sold Gross profit 12 Months Ended Oct. 03, 2020 Sep. 28, 2019 $ 63,388 $ 69,607 $(41,880) $(42,061) $ 21,508 $ 27,546 Less other expenses Selling, general, administrative and other Depreciation and amortization Restructuring and impairment charges Total expenses Total operating Income Other income, net Interest expense, net Income (loss) from continuing operations before income taxes Income taxes on continuing operations Net income (loss) from continuing operations 12,369 5,345 5,735 23,449 (1,941) 1,689 (1.491) (1,743) (699) (2,442) 11,549 4,167 1,183 16,899 10,647 4,254 (978) 13,923 (3,026) 10,897 Additional information: Weighted average number of common and common equivalent shares outstanding: Common stock, Shares outstanding (millions) 2020 2019 1,751 1,804 Calculate the Earnings per Share for the year ending October 3 2020. Make sure that you calculate to within two decimal places
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