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Given the following information, prepare an income statement for Bank of America Corporation for the year ending December 31, 2023: Revenue $130,000,000 Cost of Goods
Given the following information, prepare an income statement for Bank of America Corporation for the year ending December 31, 2023:
Revenue | $130,000,000 |
Cost of Goods Sold | $72,000,000 |
Operating Expenses | $42,000,000 |
Depreciation Expense | $9,300,000 |
Interest Expense | $7,400,000 |
Taxes | 30% of Net Income |
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