Question
income statement as follows sales 6,034,000 cogs 5,528,000 other expenses 519, 988 gross profit margin 6,047, 988 depreciation and amortization 116, 960 EBIT (130,948) INTEREST
income statement as follows
sales 6,034,000
cogs 5,528,000
other expenses 519, 988
gross profit margin 6,047, 988
depreciation and amortization 116, 960
EBIT (130,948)
INTEREST EXPENSE 136, 012
EBT 266, 960
TAXES (40%) 106, 784
NET INCOME (160,176)
PREPARE CASH FLOW STATEMENT FOR 2010
ADDITIONAL INFORMATION CASH DIVIDENDS WERE 11,000
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
