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Sales Costs Income Statement Taxable income Taxes (20%) Net income COMPUTERFIELD CORPORATION Financial Statements 2017 $1,000 800 200 40 $160 Projected 2018 2017 End
Sales Costs Income Statement Taxable income Taxes (20%) Net income COMPUTERFIELD CORPORATION Financial Statements 2017 $1,000 800 200 40 $160 Projected 2018 2017 End $500 Assets Total $500 Sales grow by 20% Every item increases by 20% Do the numbers add up? How to reconcile? Balance Sheet 2018 End projected Debt Equity Total 2017 End $250 $250 $500 2018 End projected
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
10th edition
978-1337276337, 1337276332, 978-1337517546, 1337517542, 978-1337491471
