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Mississauga Mining Co. made a net income of $25 milition in 2007 , after the deduction of amortization expense of sa million, interest of $5

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Mississauga Mining Co. made a net income of $25 milition in 2007 , after the deduction of amortization expense of sa million, interest of $5 million and taxes of $30 million. During 2007 , it issued new shares for $15 milion and used the proceeds to repay loans of $10 million, the remainder went into the bank's current account. The retained earnings brought forward at the start of 2007 were $60 million. There were 125,000 ordinary shares in issue at the end of 2007 . The eamings per share were $520 $480 $400 $200 none of the above Morissas Modesfis a retail outhet for ladies fashion goods. At the yearend = imveniory on 31/12/2007, Marissas Modes found that a has poode on bund that had cost $50.000, which it expects to sell in 7008 for approximately $1250000 in total. The imentary in the balance sheat 5 it

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