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Prepare an income statement for Virginia Slim Wear. Take your

Question : Prepare an income statement for Virginia Slim Wear. Take your : 4113

Prepare an income statement for Virginia Slim Wear. Take your calculations all the way to computing earnings per share. (Round EPS answer to 2 decimal places.)

 

 

 

Sales

$

680,000

Shares outstanding

 

109,000

Cost of goods sold

 

170,000

Interest expense

 

37,000

Selling and administrative expense

 

40,000

Depreciation expense

 

26,000

Preferred stock dividends

 

84,000

Taxes

 

102,000

 

     

 

Solution
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Finance 1 Year Ago 143 Views
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