Question 1:

Question 2:

The following balances were taken from the books of Novak Corp. on December 31, 2025. Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses) Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (Round earnings pe share to 2 decimal places, e.g. 1.48. Enter other revenue and gains before other expenses and losses) Current Attempt in Progress Presented below are certain account balances of Coronado Products Co. From the foregoing, compute the following: (a) total net revenue and (b) net income. (a) Total net revenue \$ (b) Net income $