Compantieincome staerements years end dec 31, 2018 and 2on Net sales Costs of goods sold gross Profitt selling! general expenses income from operatzons interest income beffore income tax S8,000 income tav expense Net income 2018 230,000 123.000 127,000 2017 199,000 102,000 97,000 S,000 461000 L8,000 28,000 10,000 18,000 72,000 expense 14,000 201000 38,000 Α E 2016 2017 30S,000 300,000 194,000 l,000 2018 total assets common soccholders equity 196,000 preffered cdividends avg. cmn shares outstanding 310,000 192,000 2,000 Ispoo 14,000 13,000 di ning the ycar

Compantieincome staerements years end dec 31, 2018 and 2on Net sales Costs of goods sold gross Profitt selling! general expenses income from operatzons interest income beffore income tax S8,000 income tav expense Net income 2018 230,000 123.000 127,000 2017 199,000 102,000 97,000 S,000 461000 L8,000 28,000 10,000 18,000 72,000 expense 14,000 201000 38,000 Α E 2016 2017 30S,000 300,000 194,000 l,000 2018 total assets common soccholders equity 196,000 preffered cdividends avg. cmn shares outstanding 310,000 192,000 2,000 Ispoo 14,000 13,000 di ning the ycar

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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