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You are expected to use the data provided to prepare the following: Build the comparative income statement of the company for 2019 and 2020. Build
You are expected to use the data provided to prepare the following:
- Build the comparative income statement of the company for 2019 and 2020.
- Build the comparative balance sheet of the company for 2019 and 2020.
- Prepare the statement of cash flows of the company for 2020.
- Comment on the overall profitability of the company in both years.
- Comment on the sources of funds of the company in 2020.
- Calculate the EPS of the company for both years (share outstanding totaling 1,000 shares) and comment on the outcome.
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