The 2017 income statement of Wasmeier Corporation showed net income of $480,000 and a loss from discontinued operations of $120,000. Wasmeier had 100,000 shares of common stock outstanding all year. Prepare Wasmeier’s income statement presentation of earnings per share.

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A: 1.  Determine the earnings per share:

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A: Amount of retained  earnings  available  for  dividend  at end of 2013 = opening  balance + Net…

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A: Retained Earnings: Retained earnings are the amount of profit that a firm has left over after paying…

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A: Requirement a:   Compute the EPS.

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A: EPS: EPS stands for Earnings per share. It tells about the profit earned on each share.

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Q: Bedard Corporation reported net income of $300,000 in 2017 and had 200,000 shares of common stock…

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A: Earnings per share: =Net income / Common stock outstanding

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A: SOLUTION   WORKING TOTAL OPTIONS AVAILABLE. (A) 30000 PURCHASE PRICE PER SHARE (B) 10 AVERAGE…

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Q: The 2020 income statement of Wasmeier Corporation showed net income of $480,000 and a loss from…

A: Earnings per share (EPS): The amount of net income available to each shareholder per common share…

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A: Earnings per share is a calculation which is crucial to investing and analysis of any company. It is…

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