SlideShare a Scribd company logo
The following balances were taken from the books of Whispering Corp. on December 31 , 2025 .
Assume the total effective tax rate on all items is 20% , Prepare a multiple-step income
statement: 100,000 shares of common stock were outstanding during the year. (Round earnings
per share to 2 decimal places, es. 1.48. List other revenues and gains before other expenses and
losses.) $ Per share of common stock:

More Related Content

More from info857020

The following input files are connected to Append Fields tools set to.pdf
The following input files are connected to Append Fields tools set to.pdfThe following input files are connected to Append Fields tools set to.pdf
The following input files are connected to Append Fields tools set to.pdfinfo857020
 
The following information relates to Sunland Company for the year 2022.pdf
The following information relates to Sunland Company for the year 2022.pdfThe following information relates to Sunland Company for the year 2022.pdf
The following information relates to Sunland Company for the year 2022.pdfinfo857020
 
The following information was taken from the accounts of Green Market-.pdf
The following information was taken from the accounts of Green Market-.pdfThe following information was taken from the accounts of Green Market-.pdf
The following information was taken from the accounts of Green Market-.pdfinfo857020
 
The following information relates to DLC Corp for its first year of op.pdf
The following information relates to DLC Corp for its first year of op.pdfThe following information relates to DLC Corp for its first year of op.pdf
The following information relates to DLC Corp for its first year of op.pdfinfo857020
 
The following information relates to company A for the year 2019 Profi.pdf
The following information relates to company A for the year 2019 Profi.pdfThe following information relates to company A for the year 2019 Profi.pdf
The following information relates to company A for the year 2019 Profi.pdfinfo857020
 
The following information pplies to Nonnon Corporation- Assets- Januar.pdf
The following information pplies to Nonnon Corporation- Assets- Januar.pdfThe following information pplies to Nonnon Corporation- Assets- Januar.pdf
The following information pplies to Nonnon Corporation- Assets- Januar.pdfinfo857020
 
The following information pertains to Questions 5 - 7- Prior to June 3.pdf
The following information pertains to Questions 5 - 7- Prior to June 3.pdfThe following information pertains to Questions 5 - 7- Prior to June 3.pdf
The following information pertains to Questions 5 - 7- Prior to June 3.pdfinfo857020
 
The following information applies to the questions displayed below-- T.pdf
The following information applies to the questions displayed below-- T.pdfThe following information applies to the questions displayed below-- T.pdf
The following information applies to the questions displayed below-- T.pdfinfo857020
 
The following information is available for Elwes Company for the year.pdf
The following information is available for Elwes Company for the year.pdfThe following information is available for Elwes Company for the year.pdf
The following information is available for Elwes Company for the year.pdfinfo857020
 
The following information is available for Example Company for the mos.pdf
The following information is available for Example Company for the mos.pdfThe following information is available for Example Company for the mos.pdf
The following information is available for Example Company for the mos.pdfinfo857020
 
The following information is available for Dining Corporation- The n.pdf
The following information is available for Dining Corporation-   The n.pdfThe following information is available for Dining Corporation-   The n.pdf
The following information is available for Dining Corporation- The n.pdfinfo857020
 
The following incorrect income statement was prepared by the accountan.pdf
The following incorrect income statement was prepared by the accountan.pdfThe following incorrect income statement was prepared by the accountan.pdf
The following incorrect income statement was prepared by the accountan.pdfinfo857020
 
The following graph represents the demand and supply for blinkies (an.pdf
The following graph represents the demand and supply for blinkies (an.pdfThe following graph represents the demand and supply for blinkies (an.pdf
The following graph represents the demand and supply for blinkies (an.pdfinfo857020
 
The following Figure shows that a protein unfolds as the temperature o.pdf
The following Figure shows that a protein unfolds as the temperature o.pdfThe following Figure shows that a protein unfolds as the temperature o.pdf
The following Figure shows that a protein unfolds as the temperature o.pdfinfo857020
 
The following ER diagram models a relationship- A- unary B- binary C-.pdf
The following ER diagram models a relationship- A- unary B- binary C-.pdfThe following ER diagram models a relationship- A- unary B- binary C-.pdf
The following ER diagram models a relationship- A- unary B- binary C-.pdfinfo857020
 
The following data were taken from the balance sheet of Nilo Company a.pdf
The following data were taken from the balance sheet of Nilo Company a.pdfThe following data were taken from the balance sheet of Nilo Company a.pdf
The following data were taken from the balance sheet of Nilo Company a.pdfinfo857020
 
The following diagram shows two triangles- The green (upper) triangle (1).pdf
The following diagram shows two triangles- The green (upper) triangle (1).pdfThe following diagram shows two triangles- The green (upper) triangle (1).pdf
The following diagram shows two triangles- The green (upper) triangle (1).pdfinfo857020
 
The following data relate to two investment projects- only one of whic.pdf
The following data relate to two investment projects- only one of whic.pdfThe following data relate to two investment projects- only one of whic.pdf
The following data relate to two investment projects- only one of whic.pdfinfo857020
 
The following data represent the social ambivalence scores for 15 peop.pdf
The following data represent the social ambivalence scores for 15 peop.pdfThe following data represent the social ambivalence scores for 15 peop.pdf
The following data represent the social ambivalence scores for 15 peop.pdfinfo857020
 
The following bivariate data set contains - This data can be downloade.pdf
The following bivariate data set contains - This data can be downloade.pdfThe following bivariate data set contains - This data can be downloade.pdf
The following bivariate data set contains - This data can be downloade.pdfinfo857020
 

More from info857020 (20)

The following input files are connected to Append Fields tools set to.pdf
The following input files are connected to Append Fields tools set to.pdfThe following input files are connected to Append Fields tools set to.pdf
The following input files are connected to Append Fields tools set to.pdf
 
The following information relates to Sunland Company for the year 2022.pdf
The following information relates to Sunland Company for the year 2022.pdfThe following information relates to Sunland Company for the year 2022.pdf
The following information relates to Sunland Company for the year 2022.pdf
 
The following information was taken from the accounts of Green Market-.pdf
The following information was taken from the accounts of Green Market-.pdfThe following information was taken from the accounts of Green Market-.pdf
The following information was taken from the accounts of Green Market-.pdf
 
The following information relates to DLC Corp for its first year of op.pdf
The following information relates to DLC Corp for its first year of op.pdfThe following information relates to DLC Corp for its first year of op.pdf
The following information relates to DLC Corp for its first year of op.pdf
 
The following information relates to company A for the year 2019 Profi.pdf
The following information relates to company A for the year 2019 Profi.pdfThe following information relates to company A for the year 2019 Profi.pdf
The following information relates to company A for the year 2019 Profi.pdf
 
The following information pplies to Nonnon Corporation- Assets- Januar.pdf
The following information pplies to Nonnon Corporation- Assets- Januar.pdfThe following information pplies to Nonnon Corporation- Assets- Januar.pdf
The following information pplies to Nonnon Corporation- Assets- Januar.pdf
 
The following information pertains to Questions 5 - 7- Prior to June 3.pdf
The following information pertains to Questions 5 - 7- Prior to June 3.pdfThe following information pertains to Questions 5 - 7- Prior to June 3.pdf
The following information pertains to Questions 5 - 7- Prior to June 3.pdf
 
The following information applies to the questions displayed below-- T.pdf
The following information applies to the questions displayed below-- T.pdfThe following information applies to the questions displayed below-- T.pdf
The following information applies to the questions displayed below-- T.pdf
 
The following information is available for Elwes Company for the year.pdf
The following information is available for Elwes Company for the year.pdfThe following information is available for Elwes Company for the year.pdf
The following information is available for Elwes Company for the year.pdf
 
The following information is available for Example Company for the mos.pdf
The following information is available for Example Company for the mos.pdfThe following information is available for Example Company for the mos.pdf
The following information is available for Example Company for the mos.pdf
 
The following information is available for Dining Corporation- The n.pdf
The following information is available for Dining Corporation-   The n.pdfThe following information is available for Dining Corporation-   The n.pdf
The following information is available for Dining Corporation- The n.pdf
 
The following incorrect income statement was prepared by the accountan.pdf
The following incorrect income statement was prepared by the accountan.pdfThe following incorrect income statement was prepared by the accountan.pdf
The following incorrect income statement was prepared by the accountan.pdf
 
The following graph represents the demand and supply for blinkies (an.pdf
The following graph represents the demand and supply for blinkies (an.pdfThe following graph represents the demand and supply for blinkies (an.pdf
The following graph represents the demand and supply for blinkies (an.pdf
 
The following Figure shows that a protein unfolds as the temperature o.pdf
The following Figure shows that a protein unfolds as the temperature o.pdfThe following Figure shows that a protein unfolds as the temperature o.pdf
The following Figure shows that a protein unfolds as the temperature o.pdf
 
The following ER diagram models a relationship- A- unary B- binary C-.pdf
The following ER diagram models a relationship- A- unary B- binary C-.pdfThe following ER diagram models a relationship- A- unary B- binary C-.pdf
The following ER diagram models a relationship- A- unary B- binary C-.pdf
 
The following data were taken from the balance sheet of Nilo Company a.pdf
The following data were taken from the balance sheet of Nilo Company a.pdfThe following data were taken from the balance sheet of Nilo Company a.pdf
The following data were taken from the balance sheet of Nilo Company a.pdf
 
The following diagram shows two triangles- The green (upper) triangle (1).pdf
The following diagram shows two triangles- The green (upper) triangle (1).pdfThe following diagram shows two triangles- The green (upper) triangle (1).pdf
The following diagram shows two triangles- The green (upper) triangle (1).pdf
 
The following data relate to two investment projects- only one of whic.pdf
The following data relate to two investment projects- only one of whic.pdfThe following data relate to two investment projects- only one of whic.pdf
The following data relate to two investment projects- only one of whic.pdf
 
The following data represent the social ambivalence scores for 15 peop.pdf
The following data represent the social ambivalence scores for 15 peop.pdfThe following data represent the social ambivalence scores for 15 peop.pdf
The following data represent the social ambivalence scores for 15 peop.pdf
 
The following bivariate data set contains - This data can be downloade.pdf
The following bivariate data set contains - This data can be downloade.pdfThe following bivariate data set contains - This data can be downloade.pdf
The following bivariate data set contains - This data can be downloade.pdf
 

Recently uploaded

Salient features of Environment protection Act 1986.pptx
Salient features of Environment protection Act 1986.pptxSalient features of Environment protection Act 1986.pptx
Salient features of Environment protection Act 1986.pptxakshayaramakrishnan21
 
The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...sanghavirahi2
 
Keeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security ServicesKeeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security ServicesTechSoup
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resourcesdimpy50
 
Sectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfSectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfVivekanand Anglo Vedic Academy
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxjmorse8
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
 
GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...
GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...
GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...Nguyen Thanh Tu Collection
 
How to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPHow to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPCeline George
 
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptxJose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptxricssacare
 
[GDSC YCCE] Build with AI Online Presentation
[GDSC YCCE] Build with AI Online Presentation[GDSC YCCE] Build with AI Online Presentation
[GDSC YCCE] Build with AI Online PresentationGDSCYCCE
 
2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptxmansk2
 
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxStudents, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxJenilouCasareno
 
slides CapTechTalks Webinar May 2024 Alexander Perry.pptx
slides CapTechTalks Webinar May 2024 Alexander Perry.pptxslides CapTechTalks Webinar May 2024 Alexander Perry.pptx
slides CapTechTalks Webinar May 2024 Alexander Perry.pptxCapitolTechU
 
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdfDanh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdfQucHHunhnh
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
 

Recently uploaded (20)

Salient features of Environment protection Act 1986.pptx
Salient features of Environment protection Act 1986.pptxSalient features of Environment protection Act 1986.pptx
Salient features of Environment protection Act 1986.pptx
 
The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...
 
Keeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security ServicesKeeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security Services
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resources
 
Operations Management - Book1.p - Dr. Abdulfatah A. Salem
Operations Management - Book1.p  - Dr. Abdulfatah A. SalemOperations Management - Book1.p  - Dr. Abdulfatah A. Salem
Operations Management - Book1.p - Dr. Abdulfatah A. Salem
 
Sectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdfSectors of the Indian Economy - Class 10 Study Notes pdf
Sectors of the Indian Economy - Class 10 Study Notes pdf
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptx
 
Instructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptxInstructions for Submissions thorugh G- Classroom.pptx
Instructions for Submissions thorugh G- Classroom.pptx
 
GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...
GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...
GIÁO ÁN DẠY THÊM (KẾ HOẠCH BÀI BUỔI 2) - TIẾNG ANH 8 GLOBAL SUCCESS (2 CỘT) N...
 
How to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPHow to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERP
 
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptxJose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
 
Introduction to Quality Improvement Essentials
Introduction to Quality Improvement EssentialsIntroduction to Quality Improvement Essentials
Introduction to Quality Improvement Essentials
 
[GDSC YCCE] Build with AI Online Presentation
[GDSC YCCE] Build with AI Online Presentation[GDSC YCCE] Build with AI Online Presentation
[GDSC YCCE] Build with AI Online Presentation
 
2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx
 
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxStudents, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptx
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
 
slides CapTechTalks Webinar May 2024 Alexander Perry.pptx
slides CapTechTalks Webinar May 2024 Alexander Perry.pptxslides CapTechTalks Webinar May 2024 Alexander Perry.pptx
slides CapTechTalks Webinar May 2024 Alexander Perry.pptx
 
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdfDanh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve Thomason
 
NCERT Solutions Power Sharing Class 10 Notes pdf
NCERT Solutions Power Sharing Class 10 Notes pdfNCERT Solutions Power Sharing Class 10 Notes pdf
NCERT Solutions Power Sharing Class 10 Notes pdf
 

The following balances were taken from the books of Whispering Corp- o.pdf

  • 1. The following balances were taken from the books of Whispering Corp. on December 31 , 2025 . Assume the total effective tax rate on all items is 20% , Prepare a multiple-step income statement: 100,000 shares of common stock were outstanding during the year. (Round earnings per share to 2 decimal places, es. 1.48. List other revenues and gains before other expenses and losses.) $ Per share of common stock: