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The company reports 2014 earnings per share of 650 on

1. Why is it important to report discontinued operations separately from income from continuing operations?

2. You are considering investing in Cherokee Transportation. The company reports 2014 earnings per share of $6.50 on income before extraordinary items and $4.75 on net income. Which EPS figure would you consider more relevant to your investment decision? Why?

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Finance Basics: The company reports 2014 earnings per share of 650 on

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