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Given the following information: 1. prepare an income statement for Tremblay's Company, for the ended 2020 2. calculate the earnings per common share (EPS) Selling
Given the following information: 1. prepare an income statement for Tremblay's Company, for the ended 2020 2. calculate the earnings per common share (EPS) Selling and administrative expenses $110 000 Amortization expenses 75 000 Sales 500 000 Interest expense 45 000 Cost of goods sold 200 000 e Taxes rate 40% Other information: Preferred shares dividends were common shares outstanding 7 000 100 000 shares
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