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The following data were taken from the records of Browntree Corporation at the end of the fiscal year ending December 31, 20. $ 115,000 $33.960
The following data were taken from the records of Browntree Corporation at the end of the fiscal year ending December 31, 20. $ 115,000 $33.960 $11.100 Sales revenue Cost of goods sold Gross proft Wages expense Selling and administrative expenses Income before income tax Income tax rate Number of common shares outstanding $ 14,500 30% 5,000 Prepare a multi-step statement of income for the company and calculate the earnings per share. (Hint: You will need to calculate the missing amounts to complete the statement of income.) (Round earnings per share to 2 decimal places, e s. 52.75.) BROWNTREE CORPORATION Statement of Income Question 25 of 26 4 $ Earnings per share
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