Question: Capital Budgeting Problems Problem 5 Make an Income Statement for your business complete with numbers and account titles....remember, that project we were going to do

Capital Budgeting Problems

Problem 5

Make an Income Statement for your business complete with numbers and account titles....remember, that project we were going to do before COVID-19?

Anyway...make sure you include the following:

  • COGS
  • Gross Sales
  • Income tax based on a 21% rate
  • Operating Expenses
  • Net Profit or Net Loss

Business= Health and Wellness Center

create figures for relative businesses

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