Question
Given the following information, prepare an income statement for Exxon Mobil Corporation for the year ending December 31, 2023: Revenue $100,000,000 Cost of Goods Sold
Given the following information, prepare an income statement for Exxon Mobil Corporation for the year ending December 31, 2023:
Revenue | $100,000,000 |
Cost of Goods Sold | $50,000,000 |
Operating Expenses | $30,000,000 |
Depreciation Expense | $7,000,000 |
Interest Expense | $5,000,000 |
Taxes | 20% of Net Income |
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
