Syndicate 10, Problem 4-9 text and cases accounting

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BROKAW CORP INCOME STATEMENT Net Sales 1200000 COGS 780000 Gross Profit 420000 Selling Expenses 65000 Adm Expenses 48000 307000 other income and expenses 27000 Income from Operation 120000 Interest Expenses 50000 Income before income tax 164000 income tax 34% 55760 net income of the year 108240 Atribute to Shareholders 60000 earning per share 1.804 Retained Earning 2010 Retained Earning, December 31 980000 Income before income tax 108240 Cash divident 45000 Net Income 1043240

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Transcript of Syndicate 10, Problem 4-9 text and cases accounting

Page 1: Syndicate 10, Problem 4-9 text and cases accounting

BROKAW CORPINCOME STATEMENT

Net Sales 1200000COGS 780000Gross Profit 420000Selling Expenses 65000Adm Expenses 48000 307000other income and expenses 27000Income from Operation 120000Interest Expenses 50000Income before income tax 164000income tax 34% 55760net income of the year 108240

Atribute toShareholders 60000earning per share 1.804

Retained Earning 2010

Retained Earning, December 31 980000Income before income tax 108240Cash divident 45000Net Income 1043240

Page 2: Syndicate 10, Problem 4-9 text and cases accounting

BROKAW CORPINCOME STATEMENT

Revenue ExpensesDividend Revenue 20000 Write off onventory 80000Interest Revenue 7000 Dep. Expenses 40000

27000 120000

Syndicate 10Erryn ParamithaJoshua MarvelMila MujaadilahRidho Riadi