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B D H 13 Interest expense 14 General and administrative expenses 25,000 350,000 16 Zenith had 100,000 shares of stock outstanding throughout the year. Income
B D H 13 Interest expense 14 General and administrative expenses 25,000 350,000 16 Zenith had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet 17 been accrued. The effective tax rate is 40%. 18 20 Prepare a 2018 multiple-step income statement for Zenith Company with earnings per share 21 disclosure. 23 In addition, prepare a separate 2018 statement of comprehensive income for Zenith Company. 24 35 Pts) B D H 13 Interest expense 14 General and administrative expenses 25,000 350,000 16 Zenith had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet 17 been accrued. The effective tax rate is 40%. 18 20 Prepare a 2018 multiple-step income statement for Zenith Company with earnings per share 21 disclosure. 23 In addition, prepare a separate 2018 statement of comprehensive income for Zenith Company. 24 35 Pts)
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