Following are the operating data for an advertising firm for the year ended December 31, 2000. Revenues....

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Following are the operating data for an advertising firm for the year ended December 31, 2000. Revenues.... Supplies expense. Salaries expense Rent expense. Administrative expense Income taxes (30% of income before taxes) For 2000, determine: $175,000 45,000 70,000 1,500 6,000 7 1. Income before taxes. 2. Income taxes. 3. Net income. 4. Earnings per share (EPS), assuming there are 15,000 shares of stock outstanding.

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Survey Of Accounting

ISBN: 9780538846172

1st Edition

Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen

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