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FIN340- Income Statement, Balance Sheet, and Depreciation

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Sales Revenue

-Cost of Good Sold

Gross Profit Margin

-Operating expense

Operating Profit/earnings before income taxes

-Interest expense

Earnings before Tax

-Taxes

Net Income = R/E or dividends

 

 

Retained Earnings:

 

Beginning R/E

+net income

-dividends

Ending R/E

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[Solved] FIN340- Income Statement, Balance Sheet, and Depreciation

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