Thursday
April 17, 2014

Homework Help: Account

Posted by Angel on Tuesday, December 5, 2006 at 12:52pm.

Here is my question, please help!!!

5. Assume that Z company's chief financial officer gave you the following information: net
sales, $3,800,000; cost of goods sold, $2,100,000; extraordinary gain (net of income taxes
of of $7,000), $25,000; loss from discontinued operations (net of income tax benefit of
$60,000), $100,000; loss on disposal of discontinued operations (net of income tax benefit
of $26,000), $70,000; selling expenses $100,000; administrative expenses, $80,000; income
taxes expense on continuing operations, $600,000. From this information, prepare the
company's income statement for the year ended December 30,2006.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - E15-7 Bennis Company has the following comparative balance sheet ...
accountyin question - how does one prepare a pro forma income with different ...
accounting - Les Fleurs, a boutique in Paris, France, had the following accounts...
Accounting - Max Stevenson owns a local drug store. During the past few years, ...
college Accouting - Bennis Company has the following comparative balance sheet ...
Accounting - Each of the following items was found on the financial stateme ...
math - acacia company had inventory of 100,000 on December 31, 2012. other ...
Accounting - Absorption Income versus Contribution Margin Income Absorption ...
accounting - On October 31, a flood at Payne Company’s only warehouse caused ...
Account - Peck Company: The Peck Company reported the following items on its ...

Search
Members