The following information is available for Bergin Pastry Shop. Gross margin.....................................................................$34,700 Income from operations......................................................9,200 Income taxes expense
Question:
The following information is available for Bergin Pastry Shop.
Gross margin.....................................................................$34,700
Income from operations......................................................9,200
Income taxes expense (15% of income before taxes)..............?
Interest expense................................................................. 1,800
Net sales............................................................................. 85,300
Required:
Prepare a multiple-step income statement for Bergin?
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BerginPastry Shop IncomeStatement Forthe year ended December 31 Net sales 85300 Cost of goods so...View the full answer
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