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RVD12
Mar 25, 2008, 10:42 AM
I am being asked to properly format a income statement with EPS. I am then given this

Company Name a/0

Gross Margin
Selling/General Expenses
Beginning Invetory
Purchases
Ending Invetory
Income Before Taxes
Income Tax Rate
Common Stock

There was numbers with them all but didnt want to add them because I want to try to get it myself, thanks
CaptainForest
Mar 25, 2008, 10:52 PM
Company Name
Income Statement
For the Year Ending Dec 31, 2007 (or whenever)

Sales
COGS
Gross Margin
Selling/General Expenses
Income Before Taxes
Income Tax Rate
Net Income (after taxes)
Common Stock

EPS….Net Income after taxes divided by total number of common shares.


COGS is calculated as Beginning Inventory + Purchases - Ending Inventory