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The following information was taken from Riddell Ltd.'s adjusted trial balance as at April 30, 2020: Sales revenue Interest revenue Utilities expense Insurance expense
The following information was taken from Riddell Ltd.'s adjusted trial balance as at April 30, 2020: Sales revenue Interest revenue Utilities expense Insurance expense $1,075,300 6,300 23,000 6,100 Cost of goods sold 397,861 Distribution expenses 254,139 Administration expenses 95,000 Depreciation expense 88,000 Interest expense 17,700 Income tax expense 57,600 Dividends declared-Common shares 16,900 Dividends declared-Preferred shares 21,900 Prepare a single-step statement of income for the year ended April 30, 2020. Riddell Ltd. Statement of Income +A $ +A Prepare a multi-step statement of income for the year ended April 30, 2020. Riddell Ltd. Statement of Income < +A If Riddell had 32,080 common shares outstanding throughout the year, determine the company's basic earnings per share. (Round answer to 2 decimal places, e.g. 52.75.) Basic earnings per share +A $
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