Question
14.Prepare an Income statement, if you have the following data. Make sure you compute all items. Compute EPS as well. Show formula and work. Loan
14.Prepare an Income statement, if you have the following data. Make sure you compute all items. Compute EPS as well. Show formula and work.
Loan at interest rate 10%
100 000
Depreciation
150 000
Cost of goods sold
360 000
Sales in units
100 000
Price per unit
15
Cost of advertisement
80 000
Dividends do preferred stock holders
100 000
Common stock outstanding
10 000
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
