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Question: The 2017 income statement of Oriole Corporation showed net income of $464,000 and a loss from discontinued operations of $120,000. Oriole had 100,000 shares of common stock outstanding all year.

Prepare Oriole's income statement presentation of earnings per share. (Round answers to 2 decimal places, e.g. 3.55.)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92716737

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