Question
Given the following information, prepare an income statement for Apple Inc. for the year ending December 31, 2023: Revenue $50,000,000 Cost of Goods Sold $30,000,000
Given the following information, prepare an income statement for Apple Inc. for the year ending December 31, 2023:
Revenue | $50,000,000 |
Cost of Goods Sold | $30,000,000 |
Operating Expenses | $25,000,000 |
Depreciation Expense | $4,000,000 |
Interest Expense | $2,000,000 |
Taxes | 30% of Net Income |
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
