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Use the link for the answers below https://www.sec.gov/Archives/edgar/data/1001039/000100103915000255/fy2015_q4x10k.htm Whatwerethecorporation'snetsales,costofgoodssold,andgrossprofit? What was the corporate tax rate? This should be an item in the notes to the
Use the link for the answers below
https://www.sec.gov/Archives/edgar/data/1001039/000100103915000255/fy2015_q4x10k.htm
- Whatwerethecorporation'snetsales,costofgoodssold,andgrossprofit?
- What was the corporate tax rate? This should be an item in the notes to the financial statement. Required disclosure usually explains the Federal Statutory rate and a reconciliation to the actual tax rate of the company each year.
- ReadtheStatementofComprehensiveIncome.NoticethefirstlineistheNetIncomefromtheIncomeStatement.AccumulatedOtherComprehensiveNetIncome(ornetloss)isanitemintheStatementofOwners'EquitySectionandintheBalanceSheet.PostthevaluefromtheBalanceSheetandcommentonwhetherthisitemisincreasingordecreasing(takecarewiththeconceptofchangeandnetincomeornetloss).
- WhatitemsappearunderOtherComprehensiveIncome(Loss)?
- What is the account and the amount of the bottom line item on the Statement (or Consolidated Statement) of Comprehensive Income?
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Financial And Managerial Accounting
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
4th Edition
1119752620, 978-1119752622
