Which of the following is NOT included in the calculation of net income? a) Revenues b) Cost of Goods Sold c) Operating Expenses d) Dividends
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- Which of the following is a measurement of earnings that represents the profit before interest, taxes, depreciation and amortization are subtracted? A. net income B. retained earnings C. EBITDA D. EPSGross profit is equal to Select one: a. revenues - expenses b. sales - cost of goods sold c. profits plus depreciation d. earnings before taxes minus taxes payableWhich of the following is (are) deducted from EBIT to determine net income? A. Earnings per share B. Interest expense C. Corporate taxes D. Both B and C
- explain what totalrevenue, operating income, and net earnings mean and what is the differences between themQuestion: What is the formula for calculating the net profit margin? a. Net Profit / Revenue b. Revenue / Net Profit c. Net Profit / Total Assets d. Total Assets / Net ProfitWhich of the following terms does not mean the same as the others? a. Bottom line b. Profit from operations c. Gross profit d. Operating profit
- The trial balance of Rollins Inc. included the following accounts as of December 31, 2021: Credits 5, 200, 000 36, 500 Debits Sales revenue Interest revenue Loss on sale of investments Loss on debt investments Gain on projected benefit obligation Cost of goods sold Selling expense Restructuring costs Interest expense General and administrative expense 20, 000 122, 000 225, 000 3,770,000 330,000 145, 000 10, 000 230, 000 The loss on debt investments represents a decrease in the fair value of debt securities and is classified as part of other comprehensive income. Rollins had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%. Required Prepare a 2021 single, continuous statement of comprehensive income for Rollins Inc. Use a multiple-step income statement format: (Amounts to be deducted should be indicated with a minus sien. Roind Earnings per share answer to 2 decimal places. ROLLINS INC Statement of…How does EVA differ from accounting net income?What is “comprehensive income”? Its composition varies from company to company but may include which items related to available-for-sale investments that are not included in net income?
