Answer:
Wasmeier corporation grouper’s income statement presentation of earnings per share is given below.
Net income/(loss) from continued operation $480,000
Net income/(loss) from discontinued operations ($120,000)
Consolidated Net income/(Loss) $360,000
Basic EPS* 3.6
Dilutive EPS 3.6
Calculation:
EPS is calculated by dividing net profit with total outstanding common stock.
* EPS = 360,000/ 100,000 = 3.6 per share
Answer:
Leverage factor will be 1.344
Explanation:
We have given operating income = $29000
And variable expenses is 65 5 of the sales
And fixed expenses = $10000
So contribution margin = $29000+$10000 = $39000
We have to find the leverage factor
Leverage factor is given by
Leverage factor 
So leverage factor will be 1.344
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