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The shareholders' equity section of Blue Spruce Corporation as at December 31, 2023, follows: Net income of $15 million for 2023 reflects a total effective
The shareholders' equity section of Blue Spruce Corporation as at December 31, 2023, follows: Net income of $15 million for 2023 reflects a total effective tax rate of 25%. Included in the net income figure is a loss of $14 million (before tax) relating to the operations of a business segment that is to be discontinued. Calculate earnings per share information as it should appear in the financial statements of Blue Spruce for the year ended December 31, 2023. (Round answers to 2 decimal places, e.g. 52.75.)
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