Question
9. Given the following information for Macro Drive Inc. 2017 Selling and Administrative Expenses $150,000 Depreciation Expense 280,000 Interest Expense 140,000 Sales 1,400,000 Taxes 135,500
9. Given the following information for Macro Drive Inc.
2017
Selling and Administrative Expenses $150,000
Depreciation Expense 280,000
Interest Expense 140,000
Sales 1,400,000
Taxes 135,500
Cost of Goods Sold 500,000
Required:
Prepare in good form an income statement for 2017 for Macro Drive Inc
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
