FSA 2019 Midterm version A b . For cash , use A = LIE C . $1 par , Common stock , 100, 000 shares issued and outstanding on 1 / 1 / 2019 , and 10 ,...
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FSA 2019 Midterm version Ab .For cash , use A = LIEC .$1 par , Common stock , 100, 000 shares issued and outstanding on 1 / 1 / 2019 , and10 , 000 shares are issued on 7 / 1 / 2019 .d .Assume the total effective tax rate on all items is 25% .Required :"1 . Prepare multiple step income statement for the year 2019Keep in mind that presentation is important ."2. Prepare classified balance sheet as of 12/ 31 / 2019.Keep in mind that presentation is important ."Make sure to show work for RE , AOCI , and CS3. Determine basic earnings per share for the year 2019 . Show numerator anddenominator for EPS clearly .4 . Determine comprehensive income for the year 2019.
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