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