Question
QUESTION FIVE: The following is summary of information presented on financial performance of Delta Company on December 31, 2021. Accounts 2021 Net Sales $7,000 Cost
QUESTION FIVE:
The following is summary of information presented on financial performance of Delta Company on December 31, 2021.
| Accounts | 2021 |
| Net Sales | $7,000 |
| Cost of Goods Sold | $3,800 |
| Selling Expenses | $950 |
| Administrative expenses | $670 |
| Interest Revenue | 0 |
| Interest Expense | $750 |
| Income Tax Expense | $150 |
As a Financial Analyst, you are asked to prepare the income statement and analyze vertically the statement of the company in 2021.
ANSWER QUESTION FIVE:
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Project Finance
Authors: B Rajesh Kumar
1st Edition
3030967247, 978-3030967246
