Question
Given the following information, prepare an income statement for Oracle Corporation for the year ending December 31, 2024: Revenue $700,000,000 Cost of Goods Sold $350,000,000
Given the following information, prepare an income statement for Oracle Corporation for the year ending December 31, 2024:
Revenue | $700,000,000 |
Cost of Goods Sold | $350,000,000 |
Operating Expenses | $310,000,000 |
Depreciation Expense | $63,000,000 |
Interest Expense | $58,000,000 |
Taxes | 28% of Net Income |
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
