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kindly, solve question fast QUESTION 2 ABC Corporation reported the following for 2018: net sales $2,100,000, cost of goods sold $500,000, selling and administrative expenses
kindly, solve question fast
QUESTION 2 ABC Corporation reported the following for 2018: net sales $2,100,000, cost of goods sold $500,000, selling and administrative expenses $300,000, depreciation expense $50,000 and an unrealized holding loss on non-trading equity securities $35,000 Instructions a. Prepare a statement of comprehensive income, using the two-statement format. Ignore income taxes and earnings per share. b. Using your answer in part (a) above and assuming that ABC corporation has 1,000,000 ordinary shares outstanding and pays preferred dividends of $50,000, calculate earnings per share (EPS) for the year ended December 31, 2018 TT T Arial 3 (12pt) TE Step by Step Solution
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