Question
Prepare an income statement for Google LLC for the year ended December 31, 2024, using the following information: Revenue: $20,000,000 Cost of Goods Sold: $6,000,000
Prepare an income statement for Google LLC for the year ended December 31, 2024, using the following information:
- Revenue: $20,000,000
- Cost of Goods Sold: $6,000,000
- Operating Expenses: $8,000,000
- Interest Expense: $500,000
- Tax Rate: 30%
Calculate the net income after tax and provide a brief analysis.
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
