- production cost accounting
- accounting courses online
- high cost loans
The following information appeared in the financial statements prepared by MaxCorp on December 21, 2012 in dollars:
Cash: 32,492
Accounts Receivable: 54,100
Inventory: 74, 621
Plant and Equipment 325, 182
Accumulated Depreciation: 76,027
Accounts payable: 40,244
Wages Payable: 4,680
Taxes Payable: 8,874
Bonds Payable: 189,844
Common stock: 96,359
Sales: 424,672
Cost of goods sold: 259,769
Selling Expenses: 59,212
Rent Expenses: 45,393
Interest Expenses: 24,974
Income Tax Expenses: 11,666
How much was the Net Income?
The answer is 23, 658.
But can you help me tell me which numbers you used?
10 points!!!
Cash: 32,492
Accounts Receivable: 54,100
Inventory: 74, 621
Plant and Equipment 325, 182
Accumulated Depreciation: 76,027
Accounts payable: 40,244
Wages Payable: 4,680
Taxes Payable: 8,874
Bonds Payable: 189,844
Common stock: 96,359
Sales: 424,672
Cost of goods sold: 259,769
Selling Expenses: 59,212
Rent Expenses: 45,393
Interest Expenses: 24,974
Income Tax Expenses: 11,666
How much was the Net Income?
The answer is 23, 658.
But can you help me tell me which numbers you used?
10 points!!!
How do you find net income?!?
没有评论:
发表评论