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Score: 0 of 3 pts 4 of 4 (4 complete) HW Score: 68%, 6 8 of 10 pts X P13-43A (similar to) Assigned Media Question

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Score: 0 of 3 pts 4 of 4 (4 complete) HW Score: 68%, 6 8 of 10 pts X P13-43A (similar to) Assigned Media Question Help The following information was taken from the records of Sanchez Motorsports, Inc at November 30, 2018 (Click the icon to view the data) Prepare a multi-step income statement for Sanchez Motorsports for the fiscal year ended November 30, 2018 Include eamings per share Complete the income statement in this step, and then identity and enter the applicable LPS amounts in the following step. (Round earnings per Share amounts to the nearest cent SXXX) Sanchez Motorsports, Inc. Income Statement Year Ended November 30, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Administrative Expenses Choose from any stor enter any number in the input fields and then click Check Answer Final Check Clear All Pemaining script dose OD 400 na HW Score: 68%, 6 8 of suure! U 3 pts 4 of 4 (4 complete) X P13-43A (similar to) The following information was taken from the records of Sanchez Motorsports, incat November 30, 2018 2 (Click the icon to view the data) Assigned Media Question Help Prepare a multi-step income statement for Sanchez Motorsports for the fiscal year ended November 30, 2018 include earnings per share Gross Pront Operating Expenses Administrative Expenses Selling Expenses Operating income income Before Taxes Income Tax Expense income From Continuing operations Discontinued operations (less applicable far) Net income Choose from any list of enter any number in the input helds and then click Check Answer Clear All Final Check Pemaininn vascatidoExerci 4 0 0 Type here to search 3A (similar to) Assigned Media Question Help nformation was taken from the records of Sanchez Motorsports. Ingat November 30, 2018 icon to view the 0 Data Table iti-step income stal 315,000 expenses wative Expenses Expenses come/income Belo Expense em Continuing Oper ed Operations (less Selling Expenses Administrative Expenses Income From Discontinued Operations Cost of Goods Sold Treasury Stock-Common (1.500 shares) Net Sales Revenue 100,000 115.000 7.500 440.000 18.000 800.000 Common Stock $10 Par Value 31 500 shares authorized and issued Preferred Stock 54 No-Par Value 9.000 shares issued income Tax Expense Continung Operations Income Tax Expense income from Discontinued Operations 540,000 25.000 3.000 Print Done Final Check many list or enter Clear Al 615 AM Income From Continuing Operations Discontinued Operations (less applicable tax) 4,500 $ 124,500 Net Income Earnings per Share of Common Stock (30,000 shares outstanding) Income From Continuing Operations Income From Discontinued Operations 540000 18000 Net Income Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All

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