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1. Using the income and expense account information for Tri-Mark Products Inc. listed below, constuct an income statement for the year ended 31st December, 2012.
1. Using the income and expense account information for Tri-Mark Products Inc. listed below, constuct an income statement for the year ended 31st December, 2012.
-Shares outstanding: 16,740,000, - Tax Rate: 35%, - Interest expense: 3,540,000, -Revenue: 950,500,000, -Depreciation: 50,000,000, -Selling, general, and administrative expense: 85,000,000, - Other income: 1,350,000, -Research and development: 5,200,000, - Cost of goods sold: 730,000,000
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