prepare a seprate statement of comprehensive income for 2021 0.02mg QUILUUIINUS es or common stock were...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $18,500; cost of goods sold, $7,800; selling expenses, $1,460; general and administrative expenses, $900; interest revenue, $100; interest expense, $260. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every...
what is the value for net income for requirement 2
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021$ in thousandsy sales revenue $16. 300, cost of goods sold $6700, selling expenses $1,350, general and administrative expenses. $850, Interest revenue, $200, Interest expense $230 Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021($ in thousands): sales revenue $18.900: cost of goods sold, $8,000: selling expenses. $1.480: general and administrative expenses. $980: Interest revenue, $240; Interest expense, $200. Income taxes have not yet been recorded. The company's Income tax rate is 25% on all items of Income or loss. These revenue and expense items appear in the company's Income statement every year....
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $16,500; cost of goods sold, $6,800; selling expenses, $1,360; general and administrative expenses, $860; interest revenue, $120; interest expense, $240. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $18.900: cost of goods sold, $8,000: selling expenses. $1.480: general and administrative expenses. $980: Interest revenue, $240; Interest expense, $200. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense Items appear in the company's Income statement every...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousandsj: sales revenue, $18,900; cost of goods sold, $8,000: selling expenses $1.480; general and administrative expenses $980; Interest revenue, $240; Interest expense, $200. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense Items appear in the company's Income statement every...
check my work The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $18,900, cost of goods sold, $8,000; selling expenses, $1.480: general and administrative expenses. $980; interest revenue, $240; interest expense, $200. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $17,500; cost of goods sold, $7,300; selling expenses, $1,410; general and administrative expenses, $910; interest revenue, $160; interest expense, $290. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $18.900: cost of goods sold, $8,000: selling expenses. $1.480: general and administrative expenses. $980: Interest revenue, $240; Interest expense, $200. Income taxes have not yet been recorded. The company's Income tax rate is 25% on all items of income or loss. These revenue and expense Items appear in the company's Income statement every...
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021($ in thousands): sales revenue. $18.700: cost of goods sold. $7,900; selling expenses. $1,470; general and administrative expenses. $970: Interest revenue, $250; interest expense, $300. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every year....