What is the multi-step income statement for year ended dec

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Round Table pizza has the following data for the year ended December 31, 2018:

Net Sales $270,000

Discontinued operations loss 20,000

Cost of goods sold 165,000

Interest expense 3,000

Selling expenses 15,000

Administrative expenses 35,000

Share of capital stock outstanding, 10,000

Tax rate of 30% on all items

Problem 1: What is the multi-step income statement for the year ended December 31, 2018? "Earnings Per Share" should be included.

Reference no: EM132864668

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