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please construct a formal income statement and show all work 4. Using the following information, construct a Formal Income Statement for the Aria Corporation. Use
please construct a formal income statement and show all work 4. Using the following information, construct a Formal Income Statement for the Aria Corporation. Use end of current year for date Times Interest Earned Gross Profit Rate 20% (hint: this helps you figure out Sales along with COGS) Tax rate 30% COGS $1,600,000 Interest expense $ 50,000 General and Administrative expenses ????????? Sales ?????????? Gross Profit ?????????? Directions: Choose any 5 questions, they are worth 20 points each. EBIT ?????????? EBT ?????????? EAT
please construct a formal income statement and show all work
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