Question
Company Name Revenue ($) COGS ($) Operating Expenses ($) Interest Expenses ($) Taxes (%) Net Income ($) TechSolutions Ltd. $6,000,000 $2,500,000 $1,800,000 $120,000 25% ?
Company Name | Revenue ($) | COGS ($) | Operating Expenses ($) | Interest Expenses ($) | Taxes (%) | Net Income ($) |
TechSolutions Ltd. | $6,000,000 | $2,500,000 | $1,800,000 | $120,000 | 25% | ? |
BlueSky Enterprises | $8,500,000 | $3,200,000 | $2,000,000 | $150,000 | 30% | ? |
Coffee Haven | $400,000 | $150,000 | $100,000 | $10,000 | 20% | ? |
Compute the net income for each company and discuss their profitability.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
