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Business, 29.10.2019 21:31 meadowsoares7
Bonita corporation had net sales of $2,409,200 and interest revenue of $38,100 during 2020. expenses for 2020 were cost of goods sold $1,464,600, administrative expenses $212,400, selling expenses $284,000, and interest expense $54,400. bonita’s tax rate is 30%. the corporation had 110,000 shares of common stock authorized and 71,390 shares issued and outstanding during 2020. prepare a condensed multiple-step income statement for bonita corporation.
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Bonita corporation had net sales of $2,409,200 and interest revenue of $38,100 during 2020. expenses...
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