Q1.

Data Table - X nu Hlinois Communications or Income Statement Year Ended July 31, 2024 Net Sales Revenue $ 31 000 sind min Cost of Goods Sold 9,500 Gross Profit 21.500 $ 670 1.850 2,520 Operating Expenses Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense 18,980 2 ses 2 anses ter an Print Done LG Data Table $ 31,000 9.500 21,500 ng nu Use 670 1.850 Year Ended July 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Selling Expenses $ Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses) Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense 2.520 18 980 sos 3,660 enses Net Income $? ter an Print Done e LG The income statumant tot lines Communications follows Aasuma linois Ommunications signed a three month. 6% 570,000 note on June 1, 2024 and that this was the only to payable for the company Click the icon to view the income statement) Requirements 1. Fan the mining formation for inci's your ended 31 2024. Income statement Round to the nowa dollar 2. Compute the times interested to for the company found to bwo decimals Requirement 1 Fain the missing information for inois's year ended July 31,2024 com tant Road to the dollar (Un a 12-montlar for como emission to the penes) inois Communications In Statement Younded 21.01 310 Casio Good D 21.600 Opting 60 be 50 Opusten 25201 . O LG 210 F12 5 6 3 0 B int V The income statement for lines Communications follow Assume linols Communications signed a three month 6% 570.000 note on June 2024, and that this was the only note payable for the company Click the conto the income statement Requirements 1. Fins the missing information for now's year ended July 1, 2024 income statement Round to the nearest dollar 2 Compute the immer med rate for the company Round to two decals Memes Total Operating Expenses 2520 Opting Income 5500 Other Income und Expo Tutto come and pas 1660 Income Tax Net Regulament Completed the company Round we decide LG 912 9 La o P let G H for the company view the income statement.) g information for Illinois's year ended July 31, 2024, income statement. Round to the nearest dollar mes-interest-earned ratio for the company Round to two decimals. We Expenses ning Expenses (2,520) 18,980 w Expenses) pense Income and (Expenses Income Tax (Net Income + Income tax expense + Interest expense) + Income tax expense nse (Net income + Income tax expense + Interest expense) - Interest expense (Net Income + Income tax expense Interest expense) + Net income Compute the timi (Net income - Income tax expense - Interest expense) - Income tax expense (Net income - Income tax expense - Interest expense) - Interest expense a and enter the a (Net income - Income tax expense - Interest expense) - Net income arned ratio nal places, XXX = y list or enter any number in the input fields and then continue to the next question Answers Review g D LG Please answer the question in full if you know how to do it! Please allign the answers how the questions are so it's not confusing for me to figure out where it goes! Will give a thumbs up if the answer is correct! If you have trouble reading any of the images please let me know so I can post another picture