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The effective tax rate is 35% on all items. Concord prepares financial statements in accordance with IFRS. The FV-OCl equity investments trade on the stock

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The effective tax rate is 35% on all items. Concord prepares financial statements in accordance with IFRS. The FV-OCl equity investments trade on the stock exchange. Gains/losses on FV-OCl investments are not recycled through net income. Prepare a multiple-step statement of financial performance for 2020 , showing expenses by function. Ignore calculation of EPS

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