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 $44,000,000
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 | $44,000,000 |
Operating Expenses | $26,000,000 |
Depreciation Expense | $6,200,000 |
Interest Expense | $5,000,000 |
Taxes | 32% of Net Income |
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
