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To follow is the 2018 income statement of Orlando's Imports, Inc. (Click the icon view the income statement.) Read the requirements !!!!! 1. How much
To follow is the 2018 income statement of Orlando's Imports, Inc. (Click the icon view the income statement.) Read the requirements !!!!! 1. How much gross profit did Orlando carn on the sale of its products for losses. 2018? How much was income from continuing operations? How much net income did the company carn? (Use parentheses or a minus sign $ thousand Gross profit Income from continuing operations $ thousand thousand Net income Enter any nurriber in the edit fields and then click Check Answer, Requirements 1. How much gross profit did Orlando earn on the sale of its products in 2018? How much was income from continuing operations? How much net income did the company earn? 2. At the end of 2018, what dollar amount of income would most sophisticated investors use to predict Orlando's Imports' net income for 2019 and beyond? Name this item, give its amount, and state your reason. Print Done - Data Table 71,330 65,027 Provision (benefit) for income taxes $ 120.593 $ 121,828 Income (loss) from continuing operations Discontinued operations: 250 Income (loss) from discontinued operations (2,400) $ 120,843 $ 119,428 Net income (loss) $ 2.99 $ 1.62 Earnings (loss) per share from continuing operations: Basic $ 0.09 $ (0.06) Earnings (loss) per share from discontinued operations: Basic $ 2.90 $ 1.56 Earnings (loss) per share: Basic Print Done
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