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Panther Corp

Question 34

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Panther Corp.reported the following pretax amounts for the year ending December 31,2014:
Panther Corp.reported the following pretax amounts for the year ending December 31,2014: The income tax rate applicable to Panther is 30 percent.Prepare a partial income statement for the year ending December 31,2014,beginning with Income from continuing operations before income taxes. Include the presentation of earnings per share,assuming 50,000 shares were outstanding during the year. The income tax rate applicable to Panther is 30 percent.Prepare a partial income statement for the year ending December 31,2014,beginning with "Income from continuing operations before income taxes." Include the presentation of earnings per share,assuming 50,000 shares were outstanding during the year.

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