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Screen Shot 2019-10-01 at 4.34.04 PM.pngHow do I find income before

income taxes, and everything else in red, thanksScreen Shot 2019-10-01 at 4.34.44 PM.png

Screen Shot 2019-10-01 at 4.34.04 PM.png

Net Sales
$ 1/63000
Cost of Goods Sold
848,820
Gross Profit
914180
Operating Expenses
Salaries and Wages Expense
399,900
Utilities Expense
94,600
Depreciation Expense
266,600
Total Operating Expenses
761, 100
Income From Operations
153,080
Other Revenues and Gains
Interest Revenue
55,900
Other Expenses and Losses
Interest Expense
59,640
Loss on Disposal of Plant Assets
71,810
131,450
Income Before Income Taxes
705,200
Income Tax Expense
21,500
Net Income / (Loss)
ItA
130
x Your answer is incorrect. Try again.
Calculate the profit margin and gross profit rate. (Round answers to 2 decimal place, e.g. 15.20%.)
Profit margin
Gross profit rate

Screen Shot 2019-10-01 at 4.34.44 PM.png

In its income statement for the year ended December 31, 2022, Concord Corporation n
condensed data. Salaries and wages expenses $399,900 Loss on disposal of plant assets $71,8
Cost of goods sold 848,820 Sales revenue 1,900,6
Interest expense 59,640 Income tax expense 21,5
Interest revenue 55,900 Sales discounts 137,6
Depreciation expense 266,600 Utilities expense 94,6 Your answer is partially correct. Try again.
Prepare a multiple-step income statement. (List other revenues before other expe: Concord Corporation
Income Statement For the Year Ended December 31, 2022 $—
-:
$—
Cost of Goods Sold 848,820
399.900
266:600

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