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Prepare an income statement with the following data from the Textiles company, S.A., of the first quarter of 2018. Subsequently, it proceeds to respond the
Prepare an income statement with the following data from the "Textiles company, S.A.", of the first quarter of 2018. Subsequently, it proceeds to respond the questions that are indicated.
Avertising expense | $26,500 |
Wages and salaries expenses | 75,000 |
Maintenance expense | 38,300 |
Revenues | 780,000 |
Rental expense | 30,000 |
Cash | 15,000 |
Chemical products expenses | 156,200 |
Tax rate | 30% |
A) The taxes that the company has to pay are for the amount of:_________
B) Total expenses are equal to:________
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