Share for wade furniture company utilizing excel

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Reference no: EM131434697

Prepare an Income Statement and Compute Earnings Per Share for Wade Furniture Company utilizing Excel (preferred) or Word then upload the document. Wade Furniture Company has the following financial data.

Please complete the following:

1. Prepare an Income Statement

2. Compute Earnings Per Share (See the Lectureto assist you with format)

Sales

$1,500,000

Depreciation Expense

50,000

Cost of Goods Sold

900,000

Interest Expense

20,000

Selling and Administrative Expense

150,000

Taxes

125,000

Preferred Stock Dividends

10,000

Common Shares Outstanding

50,000

Reference no: EM131434697

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