Question
Given the following information, prepare an income statement for Bank of America Corporation for the year ending December 31, 2024: Revenue $440,000,000 Cost of Goods
Given the following information, prepare an income statement for Bank of America Corporation for the year ending December 31, 2024:
Revenue | $440,000,000 |
Cost of Goods Sold | $220,000,000 |
Operating Expenses | $180,000,000 |
Depreciation Expense | $39,000,000 |
Interest Expense | $36,000,000 |
Taxes | 28% of Net Income |
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
