Presented below is information related to Splish Company at December 31, 2020, the end of its first year of operations.
Sales revenue $334910
Cost of goods sold 149030
Selling and administrative expenses 54000
Gain on sale of plant assets 32710
Unrealized gain on available-for-sale debt investments 9080
Interest expense 6360
Loss on discontinued operations 11260
Dividends declared and paid 4660
Compute the following:
(a) Income from operations -
(b) Net income -
(c) Comprehensive income
(d) Retained earnings balance at December 31, 2020 -
Answers: 1
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Presented below is information related to Splish Company at December 31, 2020, the end of its first...
Mathematics, 31.05.2020 08:58
Mathematics, 31.05.2020 08:58
Mathematics, 31.05.2020 08:58