For the year ended December 31, Global exports had nets sales of $ 7,750.000 costs and other expenses (including income taxes) of $ 6,200,000 and an extra ordinary gain (net of income tax) of $ 420000.
Required:
1. Prepare a condensed income statement (including EPS), assuming that 910,000 shares of common stock were outstanding throughout the year.
Answers: 2
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For the year ended December 31, Global exports had nets sales of $ 7,750.000 costs and other expense...
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