Question: please answer with detailed explainations, for example: D13-F2 instead of just the answer Given Information Income Statement Net Revenues Cost of Goods Sold Gross Profit
Given Information Income Statement Net Revenues Cost of Goods Sold Gross Profit Gross Revenues Returns and Allowances Sales Discounts COGS Ratio Depreciation SORA Other operating expenses Misc other income Misc other losses Tax rate Common Shares Authorized Common Shares issued Common Shares Outstanding Mortgage on Buildings Interest Rate on Mortgage 985.000 5.250 21.650 45.0% 65,000 185.000 23.600 1000 850 24.0% 100.000 75.000 71000 Order om largest to smallest experte Operating Income Order from largest absolute value to amatiest EBIT for to your action in con 36 400,000 60% Taxable income Bonds Payable Interest Rate on Bonds 100.000 45% Net Income Earings Per Share Operating Cash Flow Average Short-term debt Interest Rate on ST Debt 20,000 22 Calculate Interest Expense 1. Cost of Goods Sold as a percentage or Net Revenues 2. Not Revenues are Gross Reveries less any sales discounts ren and allowances 3. SG&A is Saling General and Administrative Expenses Entor a numbers as positive numbers in the light green cells, and other add or subtract in the subtotals and lotal calculations as a propriate :interest on Mortgage)-pinterest on Bonds) + interest on ST Door
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