Q Search data were taken from the records of Browntree Corporation at the end of the...

  

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Q Search data were taken from the records of Browntree Corporation at the end of the fiscal year ending December 31, 2020: Sales revenue Cost of goods sold Gross profit Wages expense Selling and administrative expenses Income before income tax Income tax rate Number of common shares outstanding $94,700 O ? $33,850 $12,800 ? $15,500 30% 5,000 Prepare a multi-step statement of income for the company and calculate the earnings per share. (Hint: You will need to calculate the missing amounts to complete the statement of income.) (Round earnings per share to 2 decimal places, e.g. 52.75.) P ENG US Q Search data were taken from the records of Browntree Corporation at the end of the fiscal year ending December 31, 2020: Sales revenue Cost of goods sold Gross profit Wages expense Selling and administrative expenses Income before income tax Income tax rate Number of common shares outstanding $94,700 O ? $33,850 $12,800 ? $15,500 30% 5,000 Prepare a multi-step statement of income for the company and calculate the earnings per share. (Hint: You will need to calculate the missing amounts to complete the statement of income.) (Round earnings per share to 2 decimal places, e.g. 52.75.) P ENG US

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