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Flint Limited reports the following information: sales $1.114,000; sales returns and allowances $21.400, sales discounts $18.400; cost of goods sold 5662 B00; administrative expenses $163.200;
Flint Limited reports the following information: sales $1.114,000; sales returns and allowances $21.400, sales discounts $18.400; cost of goods sold 5662 B00; administrative expenses $163.200; selling expenses $108,000, other revenues $25,000; other expenses $36.600, and income tax expense $26,800. Assume Flint uses a multiple step income statement. Calculate net sales Net sales $ e Textbook and Media Calculate gross profit. Gross profit $ Calculate income before income tax. Income before income tax $ eTextbook and Media Calculate net income Net income $
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