subject
Business, 29.10.2019 03:31 makenziehook8

Brisky corporation had net sales of $2,501,100 and interest revenue of $40,900 during 2012. expenses for 2012 were: cost of goods sold $1,300,000; administrative expenses $241,200; selling expenses $289,200; interest expense $51,300. brisky's tax rate is 25%. the corporation had 100,000 shares of common stock authorized and 70,000 shares issued and outstanding during 2012. prepare a single-step income statement for the year ended december 31, 2012. (list multiple entries from largest to smallest amount, e. g. 10, 5, 2. round earnings per share to 2 decimal places, e. g. 5.20. enter all amounts as positive amounts and subtract where necessary.)

brisky corporation
income statement
for the year ended december 31, 2012

revenues
brisky corporation had net sales of $2,501,100 and cost of goods soldinterest revenueinterest expenseincome tax expensenet salesselling expensesadministrative expenses $brisky corporation had net sales of $2,501,100 and
brisky corporation had net sales of $2,501,100 and net salesincome tax expensecost of goods soldinterest expenseinterest revenueselling expensesadministrative expenses
brisky corporation had net sales of $2,501,100 and

total revenues
brisky corporation had net sales of $2,501,100 and

expenses
brisky corporation had net sales of $2,501,100 and interest revenueselling expensescost of goods soldadministrative expensesinterest expenseincome tax expensenet sales $brisky corporation had net sales of $2,501,100 and
brisky corporation had net sales of $2,501,100 and interest revenuecost of goods soldadministrative expensesinterest expenseselling expensesnet salesincome tax expense brisky corporation had net sales of $2,501,100 and
brisky corporation had net sales of $2,501,100 and income tax expenseinterest revenuecost of goods soldnet salesadministrative expensesselling expensesinterest expense brisky corporation had net sales of $2,501,100 and
brisky corporation had net sales of $2,501,100 and interest expensenet salesinterest revenueincome tax expenseadministrative expensescost of goods soldselling expenses brisky corporation had net sales of $2,501,100 and
brisky corporation had net sales of $2,501,100 and interest revenuecost of goods soldselling expensesincome tax expenseadministrative expensesinterest expensenet sales
brisky corporation had net sales of $2,501,100 and

total expenses
brisky corporation had net sales of $2,501,100 and

net income
$brisky corporation had net sales of $2,501,100 and

earnings per share
$brisky corporation had net sales of $2,501,100 and

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 16:30
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
Answers: 2
question
Business, 22.06.2019 19:10
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.
Answers: 1
question
Business, 22.06.2019 19:20
This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.
Answers: 2
question
Business, 23.06.2019 01:20
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)
Answers: 3
You know the right answer?
Brisky corporation had net sales of $2,501,100 and interest revenue of $40,900 during 2012. expenses...
Questions
Questions on the website: 13722363