Question

Income statement. From the following income statement accounts in the popup​ window,

Income Statement Accounts for the Year Ending 2017 Balance Account Cost of goods sold Interest expense Taxes Revenue Selling,

a. produce the income statement for the year.

b. produce the operating cash flow for the year.

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Answer #1

Sales Less: Costs Depreciation EBIT Less: Interest Profit before tax Less: Tax Net income 745,000 416,000 114,000 215,000 76,

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