Precision Corporation has been a leading supplier of magnetic storage disks for three years. Following are the
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Precision Corporation has been a leading supplier of magnetic storage disks for three years. Following are the results of Precision's operations for 2000. Sales revenue... Advertising expense.. $68,000 1,530 Income taxes 4,360 Delivery expense.. 480 Packaging expense 355 Salaries expense. 18,350 8,410 Supplies expense EPS = $3.45 1. Prepare an income statement for the year ended December 31, 2000. 2. How many shares of stock were outstanding?
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Related Book For
Survey Of Accounting
ISBN: 9780538846172
1st Edition
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen
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