Question: Prepare an income statement based on the information given. note that not all listened items are needed to build the income statement. You need to
Accounts payable = $10236 Average tax rate = 20% Cash = $2263 Cost of Goods Sold = $13524 Depreciation $4585 E Dividend payment = $1553 Fixed assets $25841 Interest expense = 8% of total debt Net revenue $37582 New working capital = $1259 Selling, General & Admin $4867 Total debt $19450 =
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
