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The following information was taken from Egeland Ltd's adjusted trial balance as at July 31, 2020: Sales revenue Interest expense Cost of goods sold Utilities
The following information was taken from Egeland Ltd's adjusted trial balance as at July 31, 2020: Sales revenue Interest expense Cost of goods sold Utilities expense Depreciation expense Distribution expenses Administration expenses Advertising expense Interest revenue Income tax expense Dividends declared-Common shares Dividends declaredPreferred shares $2,801,000 46,000 1,546,152 15,000 215,000 417.000 279.000 67,000 17.000 80.000 32.000 14.248 geranu tu. Statement of Income $ Prepare a multi-step statement of income for the year ended July 31, 2020. Egeland Ltd. Statement of Income . MacBook Air Determine Egeland's gross margin percentage for the year. (Round answer to 1 decimal place, eg. 52.7%) Gross profit margin % eTextbook and Media List of Accounts If Egeland had 77.000 common shares outstanding throughout the year, determine the company's basic earnings per share. (Round answer to 2 decimal places, eg. 52.75.) Basic earnings per share $ e Textbook and Media List of Accounts
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