Business, 11.09.2019 04:30 cameronbeaugh

Sheridan corporation had income from continuing operations of $10,744,100 in 2020. during 2020, it disposed of its restaurant division at an after-tax loss of $199,000. prior to disposal, the division operated at a loss of $324,200 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). sheridan had 10,000,000 shares of common stock outstanding during 2020. prepare a partial income statement for sheridan beginning with income from continuing operations. (round earnings per share to 2 decimal places, e. g. 1.48.)

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Sheridan corporation had income from continuing operations of $10,744,100 in 2020. during 2020, it d...