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income statement for the current year under the caption, Discontinued Operations? $400,000 loss $275,000 loss $525,000 $125,000 8- Multiple Choice Question 112 Earnings per share is calculated only for preferred stock. only for treasury stock. for common and preferred stock. only for common stock. 9- Multiple Choice Question 171 The acid-test ratio is also known as the current ratio. fast ratio. quick ratio. times interest earned ratio 10-