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The following information is available for Norman Corporation for the year ended December 31, 2017: sales revenue exist760,000, other revenues and gains exist84,000, operating expenses
The following information is available for Norman Corporation for the year ended December 31, 2017: sales revenue exist760,000, other revenues and gains exist84,000, operating expenses exist100,000, cost of goods sold exist469,000, other expenses and losses exist31, 500, and preferred stock dividends exist32, 800. The company's tax rate was 30%, and it had 53,000 shares outstanding during the entire year. Prepare a corporate income statement. Calculate earnings per share. Earnings per share exist
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