Arrange The Following Income Statement Items

Depreciation expense earnings available to common preferred stock dividends stockholders 4.

Arrange the following income statement items. Arrange the following income statement items so they are in the proper order of an income statement. 15 question 26 rearrange the following items of the income statement of a bank following a multi steps approach where the most important profitability results are shown. Prepare a single step income statement for the current year. Of corbin enterprises for the year ended december 31 2012.

Cost of goods sold 150 000. What weaknesses do you see in this form for the income statement. Taxes earnings per share shares outstanding earnings before taxes 2. In accounting the terms sales and revenue can be and often are used interchangeably to mean the same thing.

The following income statement items arranged in alphabetical order are taken from the records of corbin enterprises for the current year. Amortization and depreciation of assets income tax 12 intererest paid 60 interest earned 100 net fees and commissions 35 income tax 12 intererest paid 60 interest earned 100 net fees. The following income statement items arranged in alphabetical order are taken from the records. Rent expense salesperson s car 18 000.

The following income statement items arranged in alphabetical order are taken from the records of corbin enterprises for the year ended december 31 2012. The most common income statement items include. The following income statement items arranged in alphabetical order are taken from the records. Sales revenue sales revenue sales revenue is the income received by a company from its sales of goods or the provision of services.

Advertising expense 9 000. Rent expense office 26 400. Taxes earnings per share shares outstanding earnings before taxes gross profit shares outstanding cost of goods sold interest expense earnings after taxes depreciation expense earnings available to common preferred stock dividends stockholders. What weaknesses do you see in this form for the.

A single step income statement for the year ended december 31 2010 2. Gross profit shares outstanding cost of goods sold interest expense earnings after taxes 5. Arrange the following income statement items so they are in the proper order of an income statement. Problem 2 5 income statement lo1 arrange the following income statement items so they are in the proper order of an income statement.

What weaknesses do you see in this form for the income. Taxes earnings per share shares outstanding earnings before taxes interest expense cost of goods sold depreciation expense earnings after taxes preferred stock dividends earnings available to common operating profit stockholders.