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Business, 05.10.2019 01:10 TheHomieJaay3092
Concord corporation had net sales of $2,409,400 and interest revenue of $38,100 during 2020. expenses for 2020 were cost of goods sold $1,463,800, administrative expenses $222,000, selling expenses $286,700, and interest expense $48,900. concord’s tax rate is 30%. the corporation had 104,900 shares of common stock authorized and 74,880 shares issued and outstanding during 2020. prepare a single-step income statement for the year ended december 31, 2020. (round earnings per share to 2 decimal places, e. g. 1.48.)
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Concord corporation had net sales of $2,409,400 and interest revenue of $38,100 during 2020. expense...
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