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Income Statement FedEx Corporation (FDX) had the following revenue and expense account balances (in millions) for a recent year ending May 31 Depreciation Expense
Income Statement FedEx Corporation (FDX) had the following revenue and expense account balances (in millions) for a recent year ending May 31 Depreciation Expense $1,360 Fuel Expense 4,746 Maintenance and Repairs Expense 2,312 Other Expense (Income) Net 7,344 Provision for Income Taxes 1,183 Purchased Transportation 1,768 Rentals and Landing fees 2,570 Revenues 36,312 Salaries and Employee Benefits 12,961 v a. Prepare an income statement. FedEx Corporation Income Statement For the Year Ended May 31 (in millions) Line Item Description Amount Amount Expenses 4 S Search 410 6 All work saved 4 144 & 7 8 6 a 23 4. Prepare an income statement FedEx Corporation Income Statement For the Year Ended May 31 (in millions) Line Item Descretion Arount Amount CO Total expenses I. Compare your income statement with the income statement that is available at FedEx's Web site (http://investors.fedex.com). Under Annual Report, select Down Por What similarities and differences do you see? The income statements are D The actual statement, which is for the year ended May 31,
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