Provide the formulas in cells provided for revenues* for 2021. 2021 revenues have increased by 1/2% over 2020 values. Please show formulas
Provide the formulas in cells provided for revenues* for 2021. 2021 revenues have increased by 1/2% over 2020 values. Please show formulas
Chapter3: Performing Calculations With Formulas And Functions
Section3.1: Formulas And Functions
Problem 7QC
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Question
Provide the formulas in cells provided for revenues* for 2021. 2021 revenues have increased by 1/2% over 2020 values.
Please show formulas
![Paste
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06
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d. - 19
A
Revenues and gains
*Sales revenue
*Interest revenue
*Investment Income
*Other revenue
0
Total revenue and gains
2 Expenses and losses
**Cost of goods sold
**Selling and admin administrative
***Computer (operating)
**Depreciation
**Interest expense
Total expenses and losses
Income before taxes
Income tax expense (25%)
Net Income
B
S
Arial
B IU
=
X
Y 10
V
AA
A
=
2 Wrap Text
===Merge & Center
S
Alignment
F
Tax Rate
Font
✓
C
D
E
KPT Enterprises
COMPARITIVE INCOME STATEMENT
for years ended 31 December
2020
55,000
125,000
53,500
53,500
35,000
2021
25%
G.
$
H](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fab89f2fd-2d90-4d55-9e01-3ab3450cbdbc%2Ff8112a4e-b99f-4633-aa78-eb5003781a00%2Fvxag1hr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Paste
Cut
E Copy ✓
06
Format Painter
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d. - 19
A
Revenues and gains
*Sales revenue
*Interest revenue
*Investment Income
*Other revenue
0
Total revenue and gains
2 Expenses and losses
**Cost of goods sold
**Selling and admin administrative
***Computer (operating)
**Depreciation
**Interest expense
Total expenses and losses
Income before taxes
Income tax expense (25%)
Net Income
B
S
Arial
B IU
=
X
Y 10
V
AA
A
=
2 Wrap Text
===Merge & Center
S
Alignment
F
Tax Rate
Font
✓
C
D
E
KPT Enterprises
COMPARITIVE INCOME STATEMENT
for years ended 31 December
2020
55,000
125,000
53,500
53,500
35,000
2021
25%
G.
$
H
![Sales
Interest
Investment Income
9 Other
0 Total
1
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
A
38
39
B
C
D
KPT Enterprises
Quarterly Schedule of Revenue
For the year December 31, 2020
QTR2
QTR3
35000
11400
18475
15000
79,875
QTR1
125000
75000
14900
22000
65000
72000
42000
40000
93,000
219,000
Employee Department Contacts Quarterly Revenue Chart - 2020
236,900
QTR4
52000
10000
16500
14500
E
F
2020
277000
168400
91875
91500
628,775
2020 Quarterly Revenue
G
Income Statement](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fab89f2fd-2d90-4d55-9e01-3ab3450cbdbc%2Ff8112a4e-b99f-4633-aa78-eb5003781a00%2Fce7c04_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sales
Interest
Investment Income
9 Other
0 Total
1
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
A
38
39
B
C
D
KPT Enterprises
Quarterly Schedule of Revenue
For the year December 31, 2020
QTR2
QTR3
35000
11400
18475
15000
79,875
QTR1
125000
75000
14900
22000
65000
72000
42000
40000
93,000
219,000
Employee Department Contacts Quarterly Revenue Chart - 2020
236,900
QTR4
52000
10000
16500
14500
E
F
2020
277000
168400
91875
91500
628,775
2020 Quarterly Revenue
G
Income Statement
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