Solution-At a recent meeting of the stockholders

At a recent meeting of the stockholders

Reference no: EM13933155

The following information was drawn from the records of Harper Sales Company:

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Required:

a. Prepare a multi step income statement for each year.

b. Prepare a common size income statement for each year.

c. At a recent meeting of the stockholders, Harper's president stated 2015 would be a very good year with net income rising significantly. Write a brief memo explaining whether you agree or disagree with the president. Assume that the operating trends between 2013 and 2014 continue through 2015.

Reference no: EM13933155

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At a recent meeting of the stockholders

Reference no: EM13933155

Reference no: EM13933155

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