Chapter 5, Problem 5.6BE

Statement of Net Income Presentation, IFRS. Which of the following items are required to be presented on an IFRS statement of net income?

Item	Yes/No?
Cost of Goods Sold	___________
General and Administrative Expenses	___________
Sales	___________
Net Profit	___________
Interest Expense	___________
Gross Profit	___________
Share of Income/loss of Associates	___________
Income Tax Expense	___________
Operating Profit	___________
Profit/Loss from Discontinued Operations, net of taxes	___________
Profit from Continuing Operations	___________