October 2007 Income Statement- JDR Inc. Sales 100,000 COGS 25,000 Salary 30,000 Rent 6,500 Supplies...

80.2K

Verified Solution

Question

Accounting

October 2007 Income Statement- JDR Inc.

Sales 100,000

COGS 25,000

Salary 30,000

Rent 6,500

Supplies 8,000

Utilities 2,000

Insurance 2,000

Advertising 8,000

Calculate net profit, net profit %, salary %, rent % etc.

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