The following information is available from the accounting records of Manahan Company for the year ended...
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The following information is available from the accounting records of Manahan Company for the year ended December 31, 2022: Net cash provided by financing activities $ 117,000 Dividends paid 20,000 133, 400 26, 722 11,300 644, 300 Loss from discontinued operations, net of tax savings of $44,467 Income tax expense Other selling expenses Net sales Advertising expense. Accounts receivable Cost of goods sold General and administrative expenses 46,400 55,000 367,251 143,000 Required: a. Calculate the operating income for Manahan Company for the year ended December 31, 2022. b. Calculate the company's net income for 2022. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the operating income for Manahan Company for the year ended December 31, 2022. Required A Required B Calculate the operating income for Manahan Company for the year ended December 31, 2022. Expenses: MANAHAN COMPANY Operating Income Statement For the year ended December 31, 2022 Required A $ Required B > 0 0 0 Loss from discontinued operations, net of tax savings of $44, 467 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses Required: a. Calculate the operating income for Manahan Company for the year ended December 31, 2022. b. Calculate the company's net income for 2022. Complete this question by entering your answer in the tabs below. Required A Required B 133,400 26,722 11, 300 644,300 46,400 55,000 367,251 143,000 Calculate the company's net income for 2022. The following information is available from the accounting records of Manahan Company for the year ended December 31, 2022: Net cash provided by financing activities $ 117,000 Dividends paid 20,000 133, 400 26, 722 11,300 644, 300 Loss from discontinued operations, net of tax savings of $44,467 Income tax expense Other selling expenses Net sales Advertising expense. Accounts receivable Cost of goods sold General and administrative expenses 46,400 55,000 367,251 143,000 Required: a. Calculate the operating income for Manahan Company for the year ended December 31, 2022. b. Calculate the company's net income for 2022. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the operating income for Manahan Company for the year ended December 31, 2022. Required A Required B Calculate the operating income for Manahan Company for the year ended December 31, 2022. Expenses: MANAHAN COMPANY Operating Income Statement For the year ended December 31, 2022 Required A $ Required B > 0 0 0 Loss from discontinued operations, net of tax savings of $44, 467 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses Required: a. Calculate the operating income for Manahan Company for the year ended December 31, 2022. b. Calculate the company's net income for 2022. Complete this question by entering your answer in the tabs below. Required A Required B 133,400 26,722 11, 300 644,300 46,400 55,000 367,251 143,000 Calculate the company's net income for 2022.
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Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
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