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Wilbur, Inc. has the following income statement as of 12/31/X1: Income from Operations Income from Non-Operating Items Income from Continuing Operations (before tax) Income
Wilbur, Inc. has the following income statement as of 12/31/X1: Income from Operations Income from Non-Operating Items Income from Continuing Operations (before tax) Income from Continuing Operations (after tax) Loss from Discontinued Operations (before tax) Loss from Discontinued Operations (after tax) Net Income $500,000 $ 55,000 $300,000 $225,00 ($200, ($150, $75,000 Wilbur, Inc has 50,000 common shares outstanding for the year. Identify the correct earnings per share disclosures for the 12/31/X1 income statement. a) Income from Continuing Operations $4.50, Discontinued Operations ($3.00), Net Income $1.50 b) Income from Operations $10.00, Discontinued Operations ($3.00), Net Income $1.50 c) d) b Income from Continuing Operations $6.00, Discontinued Operations ($3.00), Net Income $1.50 Income from Operations $10.00, Income from Non-Operating Items $1.10, Discontinued Operations ($3.00), Net Income $1.50
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