Income statement

Assignment Help Finance Basics
Reference no: EM1364717

The problem is that I need to see sample income statements. I need to figure out the statement of retained earnings. I have earnings end of year, 12,979 revenues 25,329, net interest expense, 453 income taxes 853 other income net 137 dividends paid. What I need guidance on is finding retained earnings beginning of year 12,171, operating costs and expenses 22,924 cash and cash equivalents 1,239, and when I do the income statement I need to have the final three lines as before taxes, income taxes and net income.

Reference no: EM1364717

Questions Cloud

Approaches to analyze market needs : Entrepreneurs use several approaches to analyze market needs, encourage new idea generation, and recognize business opportunities.
Find difference in the effective annual rates : Gomez Electrics requires arranging financing for its expansion program. Bank A offers to lend Gomez the required funds on a loan in which interest must be paid monthly, and the quoted rate is 8 percent
List and describe three guidelines for sound policy : List and describe briefly the three guidelines for sound policy, as stated by Bergeron and Bérubé. Are policies different from standards? In what way? Are policies different from procedures? In what way?
Brain dysfunction diagnosis : Mr. Stevens comes to your office complaining that he frequently loses his balance. He says that he feels like a drunken man when he walks and cannot even draw a straight line.
Income statement : I need to figure out the statement of retained earnings. I have earnings end of year, 12,979 revenues 25,329, net interest expense, 453 income taxes 853 other income net 137 dividends paid.
Required bandwidth for transmission of uncompressed video : 8 bits for quantisation of each pixel. What's the required bandwidth for the transmission of the uncompressed video stream?
Selling and administrative expense budgets : The selling and administrative expense budget of Fenley Corporation is based on the number of units sold, which are budgeted to be 2,500 units in January. Prepare the selling and administrative expense budget for January.
Healthcare administrator-capital structure : Why is it important for a healthcare administrator to have a good understanding and knowledge of an organization's capital structure including using long term debt and equity financing.
Sustainability process : The drive to incorporate sustainability into every corporation's operations is a growing trend in the global economy. In fact, it can be said that for sustainability to become an integral part of a company's business strategy

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain what long position in the stock

Explain what long position in the stock is necessary to hedge a short call option when the strike price is $32 and provide the number of shares purchased as a percentage of the number of options that have been sold

  Describe possible result of treasury stock transactions

Castro Company, a newly formed company, issued 10,000 shares of its $10 par common stock for $15 per share. On July 1, 2007, Castro Company reacquired 1,000 shares of its outstanding stock for $12 each share.

  Computation of yield to maturity using various quoted price

Computation of yield to maturity using various quoted price in the financial press and Compute the yield to maturity assuming the investor buys the bond

  Evaluate annual increases in required net working capital

Evaluate the annual increases in required net working capital and capital expenditures (CAPEX) for SoftTec for the years 2011 to 2015 and estimate SoftTec's terminal value cash flow at the end of 2014.

  Making of comparative income statement

Making of comparative income statement with horizontal analysis and Prepare a comparative income statement with horizontal analysis for the two-year period using 2007 as the base year

  Determine what order quantity is optimal

Lott Manufacturing Corporation has been ordering parts for its production process in lots of 10,000 units. Each order costs the company $50 to place, and holding costs per unit average $3.

  Bond issue and public relations

The local media are considering coming out in support of the Mayor's position on issue, but as the Mayor's public relations assistant, you have work to do to convince them completely.

  Adelaide qualified profit sharing plan

Adelaide qualified profit sharing plan

  Prepare a financial forecast

Prepare a financial forecast for Joan Roberts.

  Relationship in federal financial aid and tuition growth

Can someone help me in articulating this? Do you feel that high tuition or high aid off set model is a creative way of spreading the tuition burden among students or is it example of institutional socialism?

  Explain venture capital calculations

Explain Venture capital calculations and you consider opening a business that allows them to let off steam and get rid of their aggression

  Compute the total contribution margin

General Mills makes Wheaties, Cheerios, Betty Crocker cake mixes, and many other food products. Assume the product manager of a new General Mills cereal has estimated that the appropriate wholesale price for a carton of the cereal is $48.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd