Calculating EPS on Discontinued Operations - Printable Version +- Accountancy Forum ( http://www.accountancy.com.pk/forum)+-- Forum: The Profession ( /forumdisplay.php?fid=4)+--- Forum: Accounting and Audit ( /forumdisplay.php?fid=7)+--- Thread: Calculating EPS on Discontinued Operations ( /showthread.php?tid=19683) |

Calculating EPS on Discontinued Operations - Canadian Kid - 09-23-2014 07:49 AM
Hi, I'm studying accounting and I can't figure out how to calculate the Discontinued Operations Earnings per Share on the Statement of Comprehensive Income Statement. I figured out Income from Continuing Operations and Net Income by using this formula: (Net Income - Preferred Dividends)/ # of common shares outstanding. This formula gave me the correct answer for Net Income and Income from Continuing Operations but when I plug in Discontinued operations, I get the wrong answer. The EPS is 0.67. Discontinued Operations is listed as Loss from Disposal: 250,000 (net of tax $62,500), Loss from Operations: 150,000(net of tax $37,500) for a total of 400,000. Preferred dividend = 50,000 Common dividend = 200,000 Total outstanding common shares for year = 600,000 Any help is appreciated! RE: Calculating EPS on Discontinued Operations - tazammal - 09-29-2014 12:24 PM
Hi, I'm studying accounting and I can't figure out how to calculate the Discontinued Operations Earnings per Share on the Statement of Comprehensive Income Statement. I figured out Income from Continuing Operations and Net Income by using this formula: (Net Income - Preferred Dividends)/ # of common shares outstanding. RE: Calculating EPS on Discontinued Operations - blue_oceans79 - 12-24-2014 08:11 PM
EPS from discontinued operations shall be straight forward. earning/loss from discontinued operations/number of shares. |