Question
Given the following information, prepare an income statement for Facebook, Inc. for the year ending December 31, 2024: Revenue $620,000,000 Cost of Goods Sold $320,000,000
Given the following information, prepare an income statement for Facebook, Inc. for the year ending December 31, 2024:
Revenue | $620,000,000 |
Cost of Goods Sold | $320,000,000 |
Operating Expenses | $280,000,000 |
Depreciation Expense | $58,000,000 |
Interest Expense | $55,000,000 |
Taxes | 30% of Net Income |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
