Use the following information (in thousands): sales revenue 300.000 Earnings from the sale of equipment 90.000 cost
Fantastic news! We've Found the answer you've been seeking!
Question:
Use the following information (in thousands):
sales revenue | ¥300.000 |
Earnings from the sale of equipment | 90.000 |
cost of goods sold | 164.000 |
interest expense | 16.000 |
Selling and administrative expenses | 30.000 |
Income tax rate | %30 |
Determine the amount of net income.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: