Reference no: EM131222764
How would I calculate the income from operations for the year December 31 2016, and how would I calculate net income for the year ended December 31 2016 using the following informatin?
Selected information taken from the financial statements of Fordstar Co. for the year ended December 31, 2016, follows:
Net cash provided by operations 24,000
Cost of goods sold 78,000
Selling, general, and administrative expenses 31,000
Accounts payable 22,000
Dividends paid 34,000
Research and development expenses 8,000
Merchandise inventory 43,000
Provision for income taxes 19,000
Net Sales 210,000
Interest expense 16,000
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Prevent market equilibrium and the various governments
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Provide three links to information you found about bill
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How successful has program been in decreasing youth violence
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What is the amount of gross income from these items
: Janice received $60,000 compensation from her employer, the value of her stock in ABC company appreciated by $5,000 during the year (but she did not sell any of the stock), and she received $30,000 of life insurance proceeds from the death of her hus..
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Calculate the income from operations for the year
: How would I calculate the income from operations for the year December 31 2016, and how would I calculate net income for the year ended December 31 2016 using the following informatin?
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What are the strengths and weaknesses of each
: When a good is limited, some means must be found to ration the scarce commodity. Some examples of rationing devices are auctions, ration coupons, and first-come, first-served systems. What are the strengths and weaknesses of each?
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How might democratic states avoid a protectionist backlash
: Are global 1 trade2 patterns consistent with economic theory? How might democratic states avoid a 'protectionist backlash' against free trade
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Should school recess be kept or eliminated
: Is the use of technology among adolescents beneficial (i.e. long distance learning) or detrimental (i.e. cyber bullying)? Should age limits be lowered (under 13) for social media sites such as Instagram, Facebook, Snapchat, etc? Is homework appropria..
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What is their marginal tax rate on this income
: Scot and Vidia, married taxpayers, earn $95,000 in taxable income and $5,000 in interest from an investment in City of Tampa bonds. If Scot and Vidia earn an additional $83,500 of taxable income, what is their marginal tax rate on this income? How wo..
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