O Question 30 The major components of the income statement are listed below: A = results from discontinued operations B = gross profit C= earnings per share D = income from continuing operations !! E = operating expenses In what sequence do they normally appear on the income statement? OB-E-D-A -C OD-E-B-A -C OB-D-E-A-C OD-B-E-C -A

O Question 30 The major components of the income statement are listed below: A = results from discontinued operations B = gross profit C= earnings per share D = income from continuing operations !! E = operating expenses In what sequence do they normally appear on the income statement? OB-E-D-A -C OD-E-B-A -C OB-D-E-A-C OD-B-E-C -A

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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X Print Item Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Sales Cost of goods sold Gross margin Income Statement Operating expenses Interest expense Net income a. 2.8% b. 1.4% c. 11.3% d. 5.6% $67,366 89,760 79,299 63,350 $299,775 $93,016 37,206 $55,810 (21,965) (4,651) $29,194 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations What is the return on total assets for Diane Company? 6,335 $26 $9,000 $30,000 All work saved. MacBook