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The following information is available for Riverbed Corp. for the year ended December 31, 2017: Other revenues and gains $10,800 Sales revenue $666,500 Other expenses
The following information is available for Riverbed Corp. for the year ended December 31, 2017: Other revenues and gains $10,800 Sales revenue $666,500 Other expenses and losses 14,500 Operating expenses 252,800 Cost of goods sold 191,300 Sales returns and allowances 40,000 Other comprehensive income 5,000 Prepare a multiple-step income statement for Riverbed Corp and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income. RIVERBED CORP Comprehensive Income Statement For the Year Ended December 31, 2017 A Net Income / (Loss) A 125090 T Other Comprehensive Income / (Loss) A 5000 Net Income / (Loss) Net Income / (Loss) L 130090 130090
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