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Prepare an income statement for Virginia Slim Wear. (Input all amounts as positive values. Round EPS answer to 2 decimal places. Omit the $ sign
Prepare an income statement for Virginia Slim Wear. (Input all amounts as positive values. Round EPS answer to 2 decimal places. Omit the "$" sign in your response.) Sales$600,000 Shares outstanding100,000 Cost of goods sold200,000 Interest expense30,000 Selling and administrative expense 40,000 Depreciation expense20,000 Preferred stock dividends80,000 Taxes100,000
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