Problem 2.6, 2.8, 2.21, 3.22, 3.23, 3.24, 4.24, 4.28, 5.11
2.6 Given the following information prepare in good form an income statement for the Dental Drilling Company
| Selling and administrative expense | $60,000 | |
| Depreciation expense | 70,000 | |
| Sales | 470,000 | |
| Interest expense | 40,000 | |
| Cost of goods sold | 140,000 | |
| Taxes | 45,00 |
2.8. Prepare in good form an income statement for ATM Cards, Inc. Take your calculations all the way to computing earnings per share.
| Sales | $800,000 | |
| Shares outstanding | 100,000 | |
| Cost of goods sold | 300,000 | |
| Interest expense | 20,000 | |
| Selling and administrative expense | 40,000 | |
| Depreciation expense | 30,000 | |
| Preferred stock dividends | 80,000 | |
| Taxes | 110,000 |
see attachment
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
