Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 54

The following information is excerpted from the financial statements in a recent annual report of Cardinal Manufacturing Corporation.Dollar figures and shares of stock are in thousands.)

Instructions
a.earrange the items to present in good form the last portion of the income statement for Cardinal Manufacturing Corporation, beginning with "Loss from continuing operations."
b.alculate the amount of net loss per share for the period.Do not calculate per-share amounts for subtotals, such as income from continuing operations, loss before extraordinary items, and so forth.ou are required to compute only a single earnings per share amount.)