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    RVD12's Avatar
    RVD12 Posts: 1, Reputation: 1
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    #1

    Mar 25, 2008, 10:42 AM
    Income Statement With E.P.S?
    I am being asked to properly format a income statement with EPS. I am then given this

    Company Name a/0

    Gross Margin
    Selling/General Expenses
    Beginning Invetory
    Purchases
    Ending Invetory
    Income Before Taxes
    Income Tax Rate
    Common Stock

    There was numbers with them all but didn't want to add them because I want to try to get it myself, thanks
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Mar 25, 2008, 10:52 PM
    Company Name
    Income Statement
    For the Year Ending Dec 31, 2007 (or whenever)

    Sales
    COGS
    Gross Margin
    Selling/General Expenses
    Income Before Taxes
    Income Tax Rate
    Net Income (after taxes)
    Common Stock

    EPS….Net Income after taxes divided by total number of common shares.


    COGS is calculated as Beginning Inventory + Purchases - Ending Inventory
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