The following financial statements for Swale, LTD are provided: Swale Limited Income Statement For the Year Ended
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The following financial statements for Swale, LTD are provided:
Swale Limited Income Statement For the Year Ended December 31, 2000 Revenues:
Sales $97,800 Interest revenue 1,300
$99,100 Expenses:
Cost of goods sold 56,500 Salary expense 19,000 Depreciation expense 3,000 Interest expense 1,500 Tax expense 2,500 82,500 Net Income $ 16,600
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Related Book For 
Financial Accounting Reporting And Analysis
ISBN: 9780324149999
6th Edition
Authors: Earl K. Stice, James Stice, Michael Diamond, James D. Stice
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