Question
At the end of its third year of operations, the Sandifer manufacturing Co had $ 4562,000 in revenue, $ 3357,000 in cost of good sold
At the end of its third year of operations, the Sandifer manufacturing Co had $ 4562,000 in revenue, $ 3357,000 in cost of good sold $ 460,000 in operating expenses which included depreciation expense of $ 155,000 and a tax liability equal to 34% of the firm taxable income. What is the net income of the firm for the year. complete the income statement for Sandifier Manufacturing Co. (Round to the nearest dollar) Revenue = $
Less: cost of goods sold= $
Equal Gross Profit =
Less: Operating Expenses = $
Equals: Net Operating Income = $
Less: interest Expense = $ 0
Equals: Earnings before taxes = $
Less: Income Taxes = $
Equals : Net Income = $
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