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Thanks in advance its a longer question i need more practice and explanations! The following are selected ledger accounts of Pronghorn Rose Corporation at December
Thanks in advance its a longer question i need more practice and explanations!
The following are selected ledger accounts of Pronghorn Rose Corporation at December 31, 2023: Pronghorn Rose's effective tax rate on all items is 35%. A physital inventory shows that the ending inventory is $684,000. The number of common shares outstanding is 91,000 . Pronghorn Rose's effective tax rate on all items is 35%. A physical inventory shows that the ending inventory is $684,000. The number of common shares outstanding is 91,000 . Prepare a condensed muitiple-step 2023 income statement for Pronghorn Rose, showing expenses by function. Pronghorn Rose follows ASPE but decides to disclose EPS on its income statement. (Round per share answer to 2 decimal ploces, e.g. 52.74.) Step by Step Solution
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