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1- What is the company's cost of goods sold in the year 2021? 2- What is the company's gross profit in the year 2021? 3-

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1- What is the company's cost of goods sold in the year 2021?
2- What is the company's gross profit in the year 2021?
3- What are the company's operating expenses in the year 2021?
4- What is the company's operating profit in the year 2021?
5-What is the company's net income in the year 2021?
Income statement Google, Inc. For the year ended December 31,2020 Sales Revenue $5000000 Less: Cost of Goods sold $1000000 fixed $2000000 variable Gross profits $2000000 150000 Less: Operating expenses fixed 100000 Variable Operating profits $1750000 Less: Interest expense 100000 Profit before tax $1650000 Less Taxes 40%) 660000 Ne profit offer taxes $990000 less Cash dividends 120000 To retained earings $870000

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