E13-4a

Uutstanding a simple capital structure consisting Ul nc year with S common stock. On April 1, 5,000 additional com and another 30,000con d another 30.000 common shares were issued on August 1. The company had net for the year $589,375 Comparative Income Statements Consider the following income statement data from the Ross Company: isued.f $589.375. Calculate the earnings per share of common stock. mon shares were LO 2016 2015 Sales r 336,000 279,000 Selling expens ministrative expenses tax expense. 7,800 5,400 . Prepare a comparative income statement, showing increases and decreases in dollars and in percentages Comment briefly on the changes between the two years. h. E141. Common-Size Income Statements Refer to the income statement data given in Exercise El 3-3A L Prepare common-size income statements for each year. Compare the common-size income statements and comment briefly a. b