Question
Given the following information, prepare an income statement for Intel Corporation for the year ending December 31, 2023: Revenue $90,000,000 Cost of Goods Sold $40,000,000
Given the following information, prepare an income statement for Intel Corporation for the year ending December 31, 2023:
Revenue | $90,000,000 |
Cost of Goods Sold | $40,000,000 |
Operating Expenses | $25,000,000 |
Depreciation Expense | $6,000,000 |
Interest Expense | $4,000,000 |
Taxes | 30% of Net Income |
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
