3 Row Labels Sum of sales revenue Sum of total cost Sum of gross profit 92149269.97 $ 55,386,893.40 4 2015 5 2016 6 2017 7 2018 8 Grand Total 36762376.57 113493261.6 $ 68,159,337.82 45333923.81 129179569 $ 77,589,371.31 51590197.66 157359960.8 $ 94,459,814.97 62900145.84 492182061.4 $ 295,595,417.50 196586643.9

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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  1. In a Word document, write a short paragraph on what would have been the net impact on retained earnings in each of these years from the transactions listed in the data set. Ignore any tax effects.
3 Row Labels
4 2015
5 2016
6 2017
Sum of sales revenue Sum of total cost Sum of gross profit
92149269.97 $ 55,386,893.40
36762376.57
113493261.6 $ 68,159,337.82
129179569 $ 77,589,371.31
45333923.81
51590197.66
157359960.8 $ 94,459,814.97
7 2018
8 Grand Total
62900145.84
492182061.4 $ 295,595,417.50
196586643.9
10
Transcribed Image Text:3 Row Labels 4 2015 5 2016 6 2017 Sum of sales revenue Sum of total cost Sum of gross profit 92149269.97 $ 55,386,893.40 36762376.57 113493261.6 $ 68,159,337.82 129179569 $ 77,589,371.31 45333923.81 51590197.66 157359960.8 $ 94,459,814.97 7 2018 8 Grand Total 62900145.84 492182061.4 $ 295,595,417.50 196586643.9 10
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