HTML Preview Multi Step Income Statement For Manufacturing Company page number 1.


An income statement for
a hypothetical
manufacturing co. that
you can refer to as we
proceed through the
chapter.
Note: Income Statement is also called
Statement of Earnings
Dividend revenue: other income
Multiple Step
Income Statement &
Comprehensive Income
Objective: to gain a general perspective
of the items reported and classifications
contained in corporate income statements.
Non-OP items
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If it really was a no–brainer to make it on your own in business there’d be millions of no–brained, harebrained, and otherwise dubiously brained individuals quitting their day jobs and hanging out their own shingles. Nobody would be left to round out the workforce and execute the business plan. | Bill Rancic