Building an Income Statement In 2016, the UK insurance firm, Wheeler & Fox, had revenue of 38,440
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Building an Income Statement In 2016, the UK insurance firm, Wheeler & Fox, had revenue of £38,440 million, total expenses of £37,133 million, tax of £487 million and zero depreciation. What is the net income for the firm?
Wheeler & Fox paid out £238 million in cash dividends.
What is the addition to retained earnings?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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