in 2025, pharaoh corporation earned sales revenues of $1334000 with related cost of goods sold...

70.2K

Verified Solution

Question

Accounting

in 2025, pharaoh corporation earned sales revenues of $1334000 with related cost of goods sold of $719800. the company incurred administrative expenses of 316400, and had other revenues and gains of $23400. income tax expense was 34400. based on this information, the company will report net income for the year of

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students