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this subject is supposed to be Accounting for Entrepreneurship * please explain your answer and right the formula , orgonize it but not too sophisticated
this subject is supposed to be Accounting for Entrepreneurship * please explain your answer and right the formula , orgonize it but not too sophisticated . 6. Construct an income statement using the following information: net sales, $500,000; salaries, $100,000; rent, $24,000; COGS, $250,000; utilities, $25,000; payroll taxes, $25,000; insurance, $12,000; and interest expense, $5,450. Make sure that you include gross profit, operating expenses, and net profit
this subject is supposed to be Accounting for Entrepreneurship
* please explain your answer and right the formula , orgonize it but not too sophisticated .
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