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Income Statement




Income Statement;The following information is excerpted from the financial statements in a recent annual report of Esper Corporation. (Dollar figures and shares of stock are in the thousands.);Extraordinary loss on extinguishment of debt?????????????$(8,490);Loss from continuing operations???????????????????..$(16,026);Income from discontinued operations??????????????????$6,215;Preferred stock dividend requirements???????????....................$(2,778);Weighted-average number of shares of common stock outstanding?..39,739;a. Rearrange the items to present in good form the last portion of the income statement for Esper Corporation, beginning with ?Loss from continuing operations.?;b. Calculate the amount of net loss per share for the period. (Do not calculate per-share amounts for subtotals, such as income for continuing operations, loss before extraordinary items, etc. You are required to compute only a single earnings per share amount.)


Paper#31156 | Written in 18-Jul-2015

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