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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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The winners in life think constantly in terms of I can, I will, and I am. Losers, on the other hand, concentrate their waking thoughts on what they should have or would have done, or what they can’t do. | Dennis Waitley