Business, 03.03.2020 00:34 987654321156

Ace Company had 200,000 shares of common stock outstanding on December 31, 2021. During the year 2022, the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2022, Ace Company reported a net income of $249,690 after a loss from discontinued operations of $40,600 (net of tax).
What earnings per share data should be reported at the bottom of its income statement, assuming that the casualty loss is extraordinary?

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Ace Company had 200,000 shares of common stock outstanding on December 31, 2021. During the year 202...

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