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The following information was taken from the records of Arizona Motorsports, Inc. at November 30, 2018 (Click the icon to view the data.) Prepare a
The following information was taken from the records of Arizona Motorsports, Inc. at November 30, 2018 (Click the icon to view the data.) Prepare a multi-step income statement for Arizona Motorsports for the fiscal year ended November 30, 2018. Include eamings per share Complete the income statement in this step, and then identify and enter the applicable EPS amounts in the following step. (Round all earnings per share amounts to the nearest cent, $X.XX.) Arizona Motorsports, Inc. Income Statement Year Ended November 30, 2018 Net Income Data Table - X S 105,000 Common Stock 515 Par Value, Selling Expenses Administrative Expenses Income From Discontinued Operations 110.000 29,000 shares authorized and issued s 435.000 5.600 Preferred Stock S3 No-Par Value, Cost of Goods Sold 450.000 9.000 shares issued 630.000 Treasury Stock-Common (1.000 shares) 18.000 35.000 Net Sales Revenue 819.600 Income Tax Expense: Continuing Operations Income Tax Expense Income from Discontinued Operations 2.240 Print Done
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