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Please help me figure this out. I need help with problems 11-18 the picture of the income statement and balance sheet is supposed to help
Please help me figure this out. I need help with problems 11-18 the picture of the income statement and balance sheet is supposed to help find the total to each one on this excel sheet. Please Do Not Write in Cursive Print Only Must have Good Penmanship.
Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 201 Sales.... Cost of goods sold.. Gross profit ... Selling expenses Administrative expenses. Total operating expenses $10,000,000 $9,400,000 5,350,000 $ 4,650,000 $ 2,000,000 4,950,000 $4450,000 $1,880,000 1,500,000 $ 3,500,000 $ 1,150,000 1,410,000 $3,290,000 Income from operations $1,160,000 Other income.. 150,000 $ 1,300,000 140,000 $1,300,000 Other expense (interest) Income before income tax Income tax expense 170,000 150,000 $ 1,130,000 $1,150,000 230,000 225,000 Net income... $ 900,000 $ 925,000
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