Question: From the following information, construct a simple income statement and a balance sheet: table [ [ Sales , $ 1 , 0 0 0

From the following information, construct a simple income statement and a balance sheet:
\table[[Sales,$1,000,000],[Finished goods,190,000],[Long-term debt,300,000],[Raw materials,130,000],[Cash,40,000],[Cost of goods sold,540,000],[Accounts receivable,350,000],[Plant and equipment,290,000],[Interest expense,110,000],[Number of shares outstanding,110,000],[Earnings before taxes,290,000],[Taxes,130,000],[Accounts payable,220,000],[Other current liabilities,50,000],[Other expenses,60,000],[Equity,430,000]]
Round your answer for earnings per share to the nearest cent.Statement of Income
\table[[For the fiscal year,201
From the following information, construct a

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