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Presented below are income statement items from Braun Company for the year ended December 31, 2022. Instructions a. Using the information above, prepare an income
Presented below are income statement items from Braun Company for the year ended December 31, 2022. Instructions a. Using the information above, prepare an income statement. Assume a tax rate of 30% and 100,000 ordinary shares outstanding during 2022. b. Compute comprehensive income for Braun in 2022, assuming Braun had an unrealized holding loss on non-trading equity securities of $12,000, net of tax
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