List 3 examples of selling and administrative expenses
In todays complex global business environment, what will be required to make this transition successful? Which strategy would you pursue? What are the risks?
August 5, 2017Create a career life plan for yourself.
August 5, 2017Net Revenue: $3,538
Cost of goods sold:$2,103
Gross Margiin
Selling & Administration Expenses: $1,090
Interest Income: $568
Interest expense: $197
Earnings before income taxes
Income Taxes: $133
Net Earnings
Earnings per share: $1.86
Shares used in calulating E.P.S
1)What principle requires corporations to divulge their revenue recognition policy?
2)What is the amount of EBT?
3)What type of business uses a multi-step income statement? Why?
4)How many shares were used to calculate E.P.S.?
5)What is the amount of Net Earnings?
6)List 3 examples of selling and administrative expenses
7)What is the amount of Gross Margin?
8)What is the Gross Margin Percent?
9)Is this a single-step or multi-step income statement? How do you know?
