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For the following income statement and balance sheet, fill in the Sales __________ missing information for the COGS 200,000 calander year ending december 31 Gross
For the following income statement | |||
and balance sheet, fill in the | Sales | __________ | |
missing information for the | COGS | 200,000 | |
calander year ending december 31 | Gross Profit | __________ | |
Expenses | 300,000 | ||
EBIT | ___________ | ||
Interest Expense | 10,000 | ||
EBT | ___________ | ||
Tax Expense(40%) | 36,000 | ||
Net Income | ___________ | ||
Retained Earnings | |||
(Jan 1) | 150,000 | ||
Dividends Declared | 25,000 |
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