Given the following information, prepare an income statement for Citigroup Inc. for the year ending December 31,
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Question:
Given the following information, prepare an income statement for Citigroup Inc. for the year ending December 31, 2024:
Revenue | $540,000,000 |
Cost of Goods Sold | $270,000,000 |
Operating Expenses | $230,000,000 |
Depreciation Expense | $49,000,000 |
Interest Expense | $44,000,000 |
Taxes | 28% of Net Income |
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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