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Use the balance sheet and income statement below: CLANCY'S DOG BISCUIT CORPORATION Income Statenent for Years Ending December 3 1 , 2 0 2 1
Use the balance sheet and income statement below:
CLANCY'S DOG BISCUIT CORPORATION
Income Statenent for Years Ending December and
in millions of dollars
Net sales
Less: Cost of goods sold
Gross profits
Less: Other operating expenses
Earnings before interest, taxes, depreciation,
and amortization EBITDA
Less: Accumulated depreciation
Earnings before interest and taxes EBIT
Less: Interest
Earnings before taxes EBT
Less: Taxes
Net income
Less: Preferred stock dividends
Net income available to common stockholders
Less: Common stock dividends
Addition to retained earnings
Per common share data:
Earnings per share EPS
Dividends per share DPS
Book value per share BVPS
Market value price per share MVPS
Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation. Enter your answers in millions of dollars. Amounts to be
deducted should be indicated with a minus sign.
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