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

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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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