In Class Assignment for Team b Week three

In Class Assignment for Team b Week three - Income from...

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Sales Revenue    Sales Less sales discounts  45,000.00    Sales returns and allowances  150,000.00  Net sales revenue Cost of Goods Sold Cost of Goods Sold  621,000.00  Gross Profit on Sales Operating Expenses   Selling Expenses  194,000.00   97,000.00     Income From Operations Other Revenues and Gains Interest Revenue  86,000.00  Total Revenue Other Expenses and losses Interest Expense  60,000.00  Income before income tax    Income Tax
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Unformatted text preview: Income from continuing operations Extraordinary Item 150,000.00 Less applicable tax of 34% 51,000.00 Net Income Earnings per common share from income before tax Extraordinary loss Marialonzo Corp Multi steip income statement 1,280,000.00 195,000.00 1,085,000.00 464,000.00 173,000.00 259,000.00 199,000.00 67,660.00 131,340.00 99,000.00 32,340.00 1.31 0.99 0.32...
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This note was uploaded on 09/14/2010 for the course ACC 429 taught by Professor Whitehurst during the Spring '10 term at Chattanooga State.

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In Class Assignment for Team b Week three - Income from...

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