Assuming that 100000 shares of common stock are outstanding, Finance Basics

Assuming that 100000 shares of common stock are outstanding

The following information for Decher Automotives covers the year ended 2012:

Required

a. Prepare a multiple-step income statement.

b. Assuming that 100,000 shares of common stock are outstanding, calculate the earnings per share before extraordinary items and the net earnings per share.

c. Prepare a single-step income statement.

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Finance Basics: Assuming that 100000 shares of common stock are outstanding

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Finance Basics: Assuming that 100000 shares of common stock are outstanding

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