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what is income tax expense and EPS for this problem? su Google Se Organizational Beh Portland State Univ Business Insights Fat World Result List amazon

what is income tax expense and EPS for this problem? image text in transcribed
su Google Se Organizational Beh Portland State Univ Business Insights Fat World Result List amazon View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Tamarisk Corporation had net sales of $2,407,700 and interest revenue of $40,700 during 2020. Expenses for 2020 were cost of goods sold $1,462.900, administrative expenses $220,600, selling expenses $299,400, and interest expense $54,000. Tamarisk's tax rate is 30%. The corporation had 105,200 shares of common stock authorized and 74,260 shares issued and outstanding during 2020. Prepare a single-step income statement for the year ended December 31, 2020. (Round earnings per share to 2 decimal places, eg. 1.48.) TAMARISK CORPORATION Income Statement For the Year Ended December 31, 2020 Revenues Net Sales 2407700 Interest Revenue 40700 248 PM 10/26/2019

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