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Exercise 16-12 (Part Level Submission) The following information is available for Norman Corporation for the year ended December 31, 2017: sales revenue $750,000, other revenues
Exercise 16-12 (Part Level Submission) The following information is available for Norman Corporation for the year ended December 31, 2017: sales revenue $750,000, other revenues and gains $87,000, operating expenses $117,000, cost of goods sold 5464,000, other expenses and losses $32,000, and preferred stock dividends $34,700. The company's tax rate was 30%, and it had 53,000 shares outstanding during the entire year. Prepare a corporate income statement. (List other revenues before other expenses.) NORMAN CORPORATION Income Statement FULL SCREEN PRINTER VERSION BACK NEXT Prepare a corporate income statement. (List other revenues before other expenses.) NORMAN CORPORATION Income Statement
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