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Prepare a Partial Income Statement, Beginning with Income Before Income

Question 167

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Prepare a partial income statement, beginning with income before income taxes using the following information for Simpson Corporation for the fiscal year ended December 31, 2014: Prepare a partial income statement, beginning with income before income taxes using the following information for Simpson Corporation for the fiscal year ended December 31, 2014:   Simpson Corporation is subject to a 30% income tax rate. Simpson Corporation is subject to a 30% income tax rate.

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