Please help me with all answers thanku The 2023 income statement of Tanel Corporation showed net income of $860,000, which included a loss from discontinueoperations of $140,000. Tanel had 25,000 common shares outstanding all year.(a)Calculate earnings per share for 2023 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. 15Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)Income from continuing operationsLoss from discontinued operations, net of taxNet incomeTextbook and Media$Earnings per share Stotters Corporation began its latest fiscal year on January 1, 2023, with 500,000 common shares outstanding. During the year,following events occurred:.●...On February 1, Stotters sold 15,000 additional common shares.The company declared and issued a 25% stock dividend on March 1.On June 1, Stotters repurchased and cancelled 3,750 common shares.An additional 5,000 common shares were issued on July 1.On September 1, Stotters declared and issued a three-for-one stock split.On December 1, Stotters issued an additional 15,000 shares.Following the fiscal year, Stotters declared and issued a two-for-one stock split on February 1, 2024.The company issued its 2023 financial statements on April 30, 2024. Calculate the weighted average number of common shares thatStotters should use for calculating its EPS numbers for 2023.Weighted average number of common shares

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The 2023 income statement of Tanel Corporation showed net income of $860,000, which included a loss from discontinu operations of $140,000. Tanel had 25,000 common shares outstanding all year. (a) Calculate earnings per share for 2023 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Earnings per share Income from continuing operations Loss from discontinued operations, net of tax Net income

The 2023 income statement of Tanel Corporation showed net income of $860,000, which included a loss from discontinu operations of $140,000. Tanel had 25,000 common shares outstanding all year. (a) Calculate earnings per share for 2023 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Earnings per share Income from continuing operations Loss from discontinued operations, net of tax Net income

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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