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Calculate earnings per share for oriole corporation

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The 2020 income statement of Oriole Corporation showed net income of $1,300,500, which included a loss from discontinued operations of $112,500. Oriole had 45,000 common shares outstanding all year.

Problem 1: Calculate earnings per share (EPS) for 2020 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Reference no: EM132695364

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