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The following balances were taken from the books of Splish Corp. on December 31, 2025. Assume the total effective tax rate on all items is
The following balances were taken from the books of Splish 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) Prepare a multiple-stap income statement; 100,000 shares of common stock ware outstanding during the year. (Round earnings per share to 2 decimal places, eg. 1.48. Enter other revenue and gains before other expenses and losses) SPLISH CORP. Income Statement For tha Yeer Endad Desember 31, 2025 Revarus Sel Revarue Salsa Ratuma and Allowancso 5 152150 Selra Discourta Coat of Goods Sold Groas Prof: Oearating Expernoso Sellng Exgenses Adminlatratlva and Gancral Exparosa Othar Exeansea end Lossea Intareat Exesonac Incoms before Income Tex. Incoms Tex Not Income / (Lew) Per share of common stock: Eeminge per Comman Share 196150 99150 199300 1182850 623150 559700 eTextbook and Medla Llst of Accounts Sovv for Latar Attempts: 3 of 4 used Submit:Anewwer
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