I do ot understand what to put in the income statement
Please find the format for the income statement:
Revenue | 2020 | 2019 | |
Sales revenue | |||
(Less sales returns and allowances) | |||
Service revenue | |||
Interest revenue | |||
Other revenue | |||
Total Revenues | - | - | |
Expenses | |||
Advertising | |||
Bad debt | |||
Commissions | |||
Cost of goods sold | |||
Depreciation | |||
Employee benefits | |||
Furniture and equipment | |||
Insurance | |||
Interest expense | |||
Maintenance and repairs | |||
Office supplies | |||
Payroll taxes | |||
Rent | |||
Research and development | |||
Salaries and wages | |||
Software | |||
Travel | |||
Utilities | |||
Web hosting and domains | |||
Other | |||
Total Expenses | - | - | |
Net Income Before Taxes | - | - | |
Income tax expense | |||
Income from Continuing Operations | - | - | |
Below-the-Line Items | |||
Income from discontinued operations | |||
Effect of accounting changes | |||
Extraordinary items | |||
Net Income | - | - |
I still don’t understand what the Statement of Retained Earnings is all about and why do I need it. What is retained earnings? What is that thing called a dividend? Is it an expense?
what is the correct answer choice i do not understand?
Campbell Corporation reported net income of $120,000, income before taxes of $261,000 and interest expense of $29,000. What is the times interest-earned ratio? (Round your final answer to two decimal places) OA. 4.14 OB 10.00 OC. 900 OD. 514 Click to select your answer -e to search
How
do I solve this?
What do I do with the “10c2” I understand it’s 45 but how do I
find the FULL answer on the whole equation. Please be
specific
I need to help understanding how to put together an income
statement, retained earnings statement and the balance sheet based
off of Jones Company Adjusted Trial Balance
Jones Company Adjusted Trial Balance December 31, 2018 122,000 30,000 4,000 24,000 110,000 15,000 75,000 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense...
Agree or Disagree, and Why? The cash flow statement is an interesting report that I understand through the years I have been doing business school, but I really never knew how to analyze it compared to other financial factors. The core purposes of the statement to see if a company can handle to their monthly bills, pay dividends, and avoid bankruptcy. Cash flow is broken up into operating activities, investment activities, and financing activities. I was interested to see all...
I am working on a common income statement based on WorldCom, do I need to do the percent of revenue for the earnings per share or just use those on any ratios I have to do like earnings per share, book value per share and price earnings, also what is the formula for doing those ratios? I do not know how to calculate those ratios
Please explain how they arrived at these numbers. I don't
understand what to do when there is a cap or a limit on something.
I don't understand which ones have caps and how to apply those to
the problem. I understand what to do once the numbers are in this
table. I just don't understand how to arrive at all these numbers.
Also explain 2 ways to settle a capital deficiency please.
The SAD partnership is to be liquidated. The...
I understand how to solve for A and F. However, I do not
understand how to solve for B, C, D & E.
Can you please show in detail how the fractions are solved
step by step?
I have inserted the formulas needed to calculate the income
statement. However I do not know how to enter the formulas for my
assumptions that are highlighted on the right.
May you please provide the formula to complete
the assumptions so I can understand what I am doing
I am trying to create a forecasted income statement in excel
from 2011 (original data) -through 2017 (forecasted data) . Can you
help me with this.
Net sales 2011 2012 2013 2014...
Hey, Im trying to understand what this code is telling me. Plus what do I need to add to run it? Im new with coding, really trying to understand everything. Thanks String name = console.next(); if (name.startsWith("Dr.")) { System.out.println("Are you single?"); } else if (name.equalsIgnoreCase("LUMBERG")) { System.out.println("I need your TPS reports."); }