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Use the following information to construct income statement for the company. Quantity of sales $100,000 Price per unit $2 Cost of one unit $1.1 Total
Use the following information to construct income statement for the company.
Quantity of sales $100,000
Price per unit $2
Cost of one unit $1.1
Total Sales Expenses $25,000
Total Rent and Utilities $5,000
Total Marketing Expenses $4,000
Other expenses $6,000
Interest Expenses $10,000 Equity $175,000
Tax expenses $10,000
what is the:
cost of goods sold
net income
sales(revenue)
total other expenses
EBIT
internet expenses
tax expenses
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