Question: A B C D E F 6 H 1 The CFO for Fin Tackle Company, a manufacturer of fine fishing supplies, has provided you the
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The CFO for Fin Tackle Company, a manufacturer of fine fishing supplies, has provided you the following information from his company's accounting records. From the information presented, prepare a properly formatted, multistep Income Statement be sure to show intermediate profit lines Gross Profit, EBITDA, NOI, EBIT, EBT and NI as necessary Per share presentation of income data is not being requested. Balance sheet account information is as of the close of business for December unless otherwise indicated. Income statement information is applicable for the entire calendar year unless otherwise indicated. The compary's income tax rate is The company did not purchase or dispose of any depreciable longterm assets. Watch out you have more information than is needed to complete this problem
SalesRevenues
Property Tax Expense
Cash
Marketing Expenses
Warranty Liability
Prepaid Insurance
General and Administrative Expenses
Purchases of Goods for sale
Inventory available for sale start of year
Inventory available for sale end of year
Accum. Dep on Plant, Property, Equipment start of year
Accum. Dep on Plant, Property, Equipment end of year
Plant, Property and Equipment
Longterm debt
Dividends declared and paid to shareholders by Fin
Dividend Income
Interest Income
tablenterest Income,,Interest Expense,,Net Accounts Receivable,,Retained Earnings,Accounts Payable,,Bad Debt Expense,,
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