Question: For each of the following items in Time Warner Cable, Inc. s financial statements, indicate (1) whether it is reported in the income statement
For each of the following items in Time Warner Cable, Inc. €™ s financial statements, indicate (1) whether it is reported in the income statement (I/ S) or balance sheet (B/ S) and (2) whether it is an asset (A), liability (L), stockholders€™ equity (SE), revenue (R), or expense (E) account. The first item is given as an example.
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Time Warner Cable also reported $ 4,340 in operating expenses. Based on the available information, determine the company€™s net profit margin expressed as a percent (to one decimal place).
tem Example. Cash 1. Service Revenue 2. Accounts Recevable 3. Interest Expense 4 Uneamed Revenue 5. Income Tax Expense 6 Retained Eamings (1) Statement (2) Account Type $ 880 5.500 900 380 200 250 120 BVS
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