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Identify which of the following items would be reported in the income statement. a. Cash d. Wage expense g. Net income b. Sales e. Wages
Identify which of the following items would be reported in the income statement. a. Cash d. Wage expense g. Net income b. Sales e. Wages payable h. Inventory i. Cost of goods sold c. Long-term debt f. Retained earnings Items reported in the income statement would include: b, e, g, and h O a, b, d, and i b, e, f, and g d. f.g, and h b,d,g, and i Which of the following items would not be found on a balance sheet? Net income Property, plant and equipment accounts receivable Cash Common stocks 2 poll Which of the following groups would likely not be interested in the financial statements of a large public company such as Google? Shareholders Employees Competitors IRS None of the above On October 2, 2016, Starbucks Corporation reported, on its Form 10-K, the following (in millions): 2016 2015 Total expenses $18,497.0 $16,403.4 Net income $ 2,818.9 $ 2,759.3 Calculate year-over-year increase or decrease) in net earnings, in percentage terms. (33.89% 22.0% 16.5% 2.2% None of the above
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