Question
Find the missing values below: RIF6 2020 Income Statement ($ in millions) Total operating revenues $ 5,000 Cost of goods sold 2,000 Selling, general, and
Find the missing values below: | ||||
RIF6 2020 Income Statement ($ in millions) | ||||
Total operating revenues | $ 5,000 | |||
Cost of goods sold | 2,000 | |||
Selling, general, and administrative expenses | 500 | |||
Depreciation | 10 | |||
Earnings before interest and taxes (EBIT) | ? | |||
Interest expense | ? | |||
Earnings before taxes (EBT) | 2,480 | |||
Taxes | ? | |||
Net income | 2,000 | |||
Dividends | 500 | |||
Addition to retained earnings | ? | |||
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
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