Question: The following balances were taken from the books of the

The following balances were taken from the books of the Big Track Trucking Company Limited on December 31, 2014:
Assume the total effective tax rate on all items is 25%.
Instructions
Prepare a multiple-step income statement showing expenses by function. Assume that 150,000 common shares were outstanding during the year. Include calculation of EPS.

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  • CreatedSeptember 18, 2015
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