Reference no: EM131303664
Using the income and expense account information for ABC & Company listed below; construct an income statement for the year ended 31st December, 2015.
Shares outstanding: $3,150,000
Tax rate: 35%
Interest expense: $7,080,000
Revenue: $1,901,000,000
Depreciation: $100,000,000
Selling, general, and administrative expense: $170,000,000
Other income: $2,700,000
Research and development: $10,400,000
Cost of goods sold: $1,460,000,000
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: Using the income and expense account information for ABC & Company listed below; construct an income statement for the year ended 31st December, 2015.
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