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Create a financial report that includes an Income Statement, Statement of Shareholders Equity, a balance sheet, and a statement of Cash Flows for a Club
Create a financial report that includes an Income Statement, Statement of Shareholders Equity, a balance sheet, and a statement of Cash Flows for a Club travel Volleyball team with 500,000 shares of stocks issued, 100,000 shares of stock outstanding, and a corporate tax rate of 30%
Any numbers can be used for this question is what was listed in the question as long as they all flow and balance.
The only numbers that were given to us were the 500,000 shares of common stock.
50,000 shares of outstanding stock
30% Tax rate.
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