Multi step income statement

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/5

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

6 Terms

1
New cards

Sales revenue- cogs

gross profit equation

2
New cards

gross profit- operating expenes

operating income equation

3
New cards

operating income- non operating income

income before tax equation

4
New cards

revenues and expenses, gains and losses

non operating income

5
New cards

income before taxes - income tax expense

net income equation

6
New cards

income less tax - discontinued operations

net income equation w/ discontinued ops