Using the income and expense account information for Tri-Mark Products Inc. listed below, construct an income statement
Question:
Shares outstanding: 16,740,000
Tax rate: 35%
Interest expense: $3,540,000
Revenue: $950,500,000
Depreciation: $50,000,000
Selling, general, and administrative expense: $85,000,000
Other income: $1,350,000
Research and development: $5,200,000
Cost of goods sold: $730,000,000
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Trimark Products Incorporated Income Statement for the year ended 31st Dec 2011 000...View the full answer
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