Question
Revenue Quarterly (Please show clearly what formulas were used in excel) In excel using the correct method/formula provide the correct values for each revenue item
Revenue Quarterly (Please show clearly what formulas were used in excel)
In excel using the correct method/formula provide the correct values for each revenue item 2018
complete the formulas in cells provided for revenues for 2019. 2019 revenues have increased by 3/4 % over 2018 values
| Focused Revenue Investment (FRI) | |||||
| Quarterly Schedule of Revenue | |||||
| For the year December 31, 2018 | |||||
| QTR1 | QTR2 | QTR3 | QTR4 | 2018 | |
| Sales | 280,000 | 310,000 | 320,000 | 500,000 | 1,410,000 |
| Interest | 102,500 | 175,000 | 180,000 | 54,000 | 511,500 |
| Investment Income | 13,000 | 9,500 | 10,000 | 12,000 | 44,500 |
| Other | 16,000 | 26,000 | 19,500 | 29,000 | 90,500 |
| Total | 411,500 | 520,500 | 529,500 | 595,000 | 2,056,500 |
| Focused Revenue Investment (FRI) | |||||
| COMPARITIVE INCOME STATEMENT | |||||
| for years ended 31 December | |||||
| 2018 | 2019 | ||||
| Revenues and gains | |||||
| *Sales revenue | |||||
| *Interest revenue | |||||
| *Investment Income | |||||
| *Other revenue | |||||
| Total revenue and gains | |||||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
