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Prime Services, Inc., began 2018 with total assets of $215 million and ended 2018 with total assets of $375 million. During 2018, Prime Services
Prime Services, Inc., began 2018 with total assets of $215 million and ended 2018 with total assets of $375 million. During 2018, Prime Services earned revenues of $393 million and had expenses of $170 million. Prime Services declared and paid dividends of $28 million in 2018. Prepare the company's income statement for the year ended December 31, 2018, complete with an appropriate heading. Prepare the income statement. (Enter all amounts in millions. For example, $100 million should be entered into the statement as $100. Enter a net loss with a minus sign or parentheses. If a box is not used in the financial statement leave the box empty; do not select a label or enter a zero.) Net income (loss) (millions)
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