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    LaJuana's Avatar
    LaJuana Posts: 20, Reputation: 1
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    #21

    Sep 18, 2011, 11:37 AM
    (a) Gross profits:
    $28700 Sales revenue
    $23900 Service revenue
    $41000 Rental revenue
    $93600 Total Revenue
    (-$44000) Cost of goods sold
    $49600 Gross Profits
    (b) Operating Expense
    $12500 General and administrative expense
    $5150 Selling expense
    $17650 Operating expense
    (c) Operating income
    $49600 Gross Profit
    ($17650) Operating expense
    $31950 Operating income
    (d) Operating Income
    $31950 Operating income
    ($8800) Interest expense
    $23150 Pretax income
    (e) Net Income
    $23150 Pretax Income
    ($5300) Income tax expense
    $17850 Net Income
    (f) Earnings Per Share
    $17850/15000= $1.19
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #22

    Sep 18, 2011, 11:41 AM
    Since you will not respond except for either rude comments or additional questions. Will not do as asked, I am closing the thread. Do not post again, unless you wish to obey and follow the rules
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