Arrange the following income statement items so they are in the proper order of an income statement:

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Arrange the following income statement items so they are in the proper order of an income statement:
Taxes...................................Earnings after taxes
Shares outstanding.............Earnings available to common shareholders
Gross profit.........................Cost of goods sold

Interest expense.................Earnings per share
Amortization expense.........Earnings before taxes
Preferred stock dividends...Selling and administrative expense
Sales..................................Operating profit

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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