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Income Statement, 2015 Net sales (all credit) $5322246 Less: Cost of goods sold $4151352 Selling and administrative expense $312414 Depreciation expense $118113 EBIT (operating profit)
Income Statement, 2015
| Net sales (all credit) | $5322246 |
| Less: Cost of goods sold | $4151352 |
| Selling and administrative expense | $312414 |
| Depreciation expense | $118113 |
| EBIT (operating profit) | $740367 |
| Interest expense | $27399 |
| Earnings before taxes | $712968 |
| Income taxes | $292317 |
| Net income | $420651 |
Return on common equity:
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Airline Management Finance
Authors: Victor Hughes
1st Edition
1138610690, 978-1138610699
