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this is the templete we use for the answers Merge & Center - $ % Format Painter BIU. Font pboard Number XV fx Robert Corporation
this is the templete we use for the answers Merge & Center - $ % Format Painter BIU. Font pboard Number XV fx Robert Corporation Income Statement For the Year Ended December 31 800,000 460,000 340,000 $ Sales Revenue Cost of goods sold Less operating expenses selling expenses administrative expenses non operating expenses loss on sale of equipment Income before tax Income tax expense 65,000 72,000 137,000 203,000 4,000 199,000 42,000 157,000 Net income Earnings per share $5.41 Calculation of weighted average shares of stock # shares Months Share months Weighted average shares of stock outstanding P13.3 P13-9 Type here to search DI Mo le company's earnings per share. Earnings per Share and Multiple-Step Income Statement The following som to Robert Corporation's current operations: 3-3A. Earning ment The following summarized data relate L01, 4 Sales revenue.... Cost of goods sold .... Selling expenses ....... Administrative expenses. ... Loss on sale of equipment.... Income tax expense....... Shares of common stock Outstanding at January 1 Additional issued at May 1 ..... Additional issued at November 1 ........ $800,000 460,000 65,000 72.000 4,000 42,000 20,000 shares 7,000 shares 2,000 shares ... Required Prepare a multiple-step income statement for Robert Corporation for the year. Include earnings per share disclosure at the bottom of the income statement. tol neret figures for Janice Controls, Inc., for five
this is the templete we use for the answers
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