Blue Spruce Corporation, a public company, is a large silver producer. Selected condensed information (in millions) for
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Blue Spruce Corporation, a public company, is a large silver producer. Selected condensed information (in millions) for Blue Spruce Corporation follows for the year ended September 30, 2021:
Cost of sales | $2,220 | |
Loss from investment in associate | 6 | |
Silver sales | 3,300 | |
Income tax expense | 55 | |
Interest expense | 7 | |
Interest revenue | 40 | |
Operating expenses | 650 | |
Dividend revenue | 6 | |
Investment income or (loss) | (27) | |
OCI—holding gain or (loss), net of taxes of $5 | 15 |
Related Book For
Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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