Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 4 - Income Statement and Related Information - Concepts for Analysis - Page 198: CA4-6d

Answer

Earnings per share for discounted operations must be disclosed on the face of the income statement.

Work Step by Step

This does involve not only earnings per share from discounted operations but rather continuing operations, extraordinary items, income before extraordinary items, and net income must be revealed on the face of the income statement.
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