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thank you The Everett Book Company's accounting records include the following for 2018 (in thousands) (Click the icon to view the accounting records.) Read the
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The Everett Book Company's accounting records include the following for 2018 (in thousands) (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Prepare Everett Book Company's single-step income statement for the year e during the year. (Round earnings per share amounts to the nearest cent.) Everett Book Company Income Statement Year Ended December 31, 2018 (In thousands except per share amounts) Earnings per share (EPS) ended December 31, 2018, including earnings per share (EPS). Everett had 1,000,000 shares of common stock and no proferred stock outstanding Data Table - X Other revenues. Income tax expenso Sales revenue. Total operating expenses $ 2,100 8,580 130,000 103,500 - X Reqquirements 1. Prepare Everett Book Company's single-step income statement for the year ended December 31, 2018, including earnings per share (EPS). Everett had 1,000,000 shares of common stock and no preferred stock outstanding during the year. 2. Assume Everett Book Company's income from operations indicates that its core business has steadily increasing by about 10% per year over the past three years and that none of its operations have been discontinued. What does this say about the quality of the company's earnings? Print Done we
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