a)
To determine:
Prepare Income statement.
Introduction:
Income statement shows the financial operating summary of a firm that is the net income earned or net loss suffered by a firm through reporting all the revenues earned and expenses (including taxes) incurred by the firm during a specific period of time.
b)
To determine: Taxes paid and net profit after taxes
Introduction:
Net profit after taxes is the net profit after the taxes are paid.
It is formulated as
c)
To determine: Taxes paid and net profit after taxes
Introduction:
Earnings per share (EPS) are considered as that part of the profit that shows the profitability of the company which is distributed to number of shares outstanding.
Additions to
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