Charleson Co. released its annual report to shareholders with the following income statement. All figures are in millions of dollars. Net Sales COGS Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Dividends Addition to retained earnings $85 $1800 $1475 $45 $280 $50 $230 $80 $150 $65 If Charleston has 66 million shared outstanding, what is the firms earnings per share for the year just ended? $2.143 $1.875 $2.273 $2.778 $2.586 Charleston agree to sell products to a customer on December 20 and goods exchanged hands, but Charleston will not collect cash until the following month, on January 15 of the next calendar and financial year. When should the COGS expense for this sale be recorded? A. At the time of sales, December 20 B. It doesn't matter when t C. when cash is collected. January 1 he expense is recorded