In 2012 stone pony corporation had net sales of 609200 and

Reference no: EM13604173

In 2012, Stone Pony Corporation had net sales of $609,200 and cost of goods sold of $353,100. Operating expenses were $150,400, and interest expense was $6,000. The corporation's tax rate is 30%. The corporation declared preferred dividends of $13,700 in 2012, and its average common stockholders' equity during the year was $163,600. Prepare an income statement for Stone Pony Corporation.

Reference no: EM13604173

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