The trial balance of Plano Company included the following accounts as of December 31, 2024:...
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Accounting
The trial balance of Plano Company included the following accounts as of December 31, 2024: Plano had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%. Required: Prepare a multiple-step income statement with earnings per share disclosure. Note: Round earnings per share answer to 2 decimal places
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