Question: TOPIC 1 , QUESTION 3 : Given the following list of account balance, create an income statement and balance sheet. The firm's average tax rate

TOPIC 1, QUESTION 3:
Given the following list of account balance, create an income statement and balance sheet. The firm's average tax rate was 20%. Note, the list of accounts is not complete and some
accounts will have to be calculated.
a. what is the firm's net income?
b. what must have been the firm's revenues?
c. What was EBIT?
 TOPIC 1, QUESTION 3: Given the following list of account balance,

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