Coronado Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2025 ....
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Coronado Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2025 . Expenses for 2025 were cost of goods sold $1,452,700, administrative expenses $215,700, selling expenses $287,700, and interest expense $49,800. Coronado's tax rate is 30%. The corporation had 102,700 shares of common stock authorized and 61,348 shares issued and outstanding during 2025. Prepare a condensed multiple-step income statement for Coronado Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48
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Coronado Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2025 . Expenses for 2025 were cost of goods sold $1,452,700, administrative expenses $215,700, selling expenses $287,700, and interest expense $49,800. Coronado's tax rate is 30%. The corporation had 102,700 shares of common stock authorized and 61,348 shares issued and outstanding during 2025. Prepare a condensed multiple-step income statement for Coronado Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48 