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For the Year Ended 31/12/2020 Net Income Rs.10,750,000 Loss On Disposal of Franchise (Taxed at 40%) 250,000 Loss on Disposal of Merchandise (Taxed at
For the Year Ended 31/12/2020 Net Income Rs.10,750,000 Loss On Disposal of Franchise (Taxed at 40%) 250,000 Loss on Disposal of Merchandise (Taxed at 40%) 200,000 Extraordinary Loss (Taxed at 40%) 125,000 No. of common stock outstanding during the first nine months 100,000 No. of common stock outstanding during the last three months 200,000 Required: Prepare a partial income statement Compute EPS for every item
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