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Please include how numbers are computed, continued operations, operating expenses, total operating expenses, other revenue & (expense), total other revenues and (expenses), discontinued operations, and
Please include how numbers are computed, continued operations, operating expenses, total operating expenses, other revenue & (expense), total other revenues and (expenses), discontinued operations, and earnings per share.
Suggested time 20-25 minutes. The adjusted trial balance of Andrew Enterprises included the following accounts as of 12/31/Year 1: In addition, the company has decided to sell its cable TV division and the division is held for sale at year-end. The sale is estimated to generate a loss before tax of $36,300. This division accounted for 30% of the entire company's main operating activities (not its peripheral activities). Andrew Enterprises had 450,000 shares of stock outstanding throughout the year. Yo have enough information to figure out Andrew Enterprises' tax rate. Requirements: Prepare a multiple-step income statement. Round EPs answers to 3 decimal places. Please make sure that you put a minus sign "-' in front of a loss number. For example, a loss o 200,000 should be entered as " 200,000". Requirement: Prepare a full multi-step income statement, including gross profit and the other appropriate subtotals (use adjusted trial balance information above). 450,000 shares of common stock were outstanding throughout the year. Round EPS answers to 3 decimal placesStep by Step Solution
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