Business Finance
I have to prepare a traditional income statement need to know the steps

Question Description

Information I have

Num of units sold 11000

Selling price per unit 16

Variable selling expense per unit 1

Var adm exp p un 0.5

Total fixed selling exp 20,000

Tot fixed admin exp 13,000

Begin merchadise inv. 11,000

End merch inv 25,000

Merchadise pur 90,000

This question has not been answered.

Create a free account to get help with this and any other question!

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors