Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. suppose nippon technology has the following revenu

Suppose Nippon Technology has the following revenue and expenses for 2019: Revenues of $8,700,000 Cost...

90.2K

Verified Solution

Question

Accounting

Suppose Nippon Technology has the following revenue and expenses for 2019:

Revenues of $8,700,000 Cost of Goods Sold of $1,740,000 Depreciation Expenses of $1,200,000 Income Taxes of $1,776,000 Interest Expenses of $50,000 Other Expenses of $400,000 Sales, General, & Administrative Expenses of $870,000

Create an income statement with amounts in thousands

What is the value of Earnings?

Please specify your answer in the same units as the income statement.

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

Q

Describe three ways our perception of self and others affects our perception of information.

General Management
Q

an mistake a voltmeter is connected in series and ammeter in parallel When the circuit...

Physics
Q

A certain shampoo is available in two sizes. A 14.2-ounce bottle costs $4.78. A 33.9-ounce...

Basic Math
Q

ATV manufacturer makes two models of a particular TV that are nearly identical except one...

Basic Math
Q

Antimicrobial Approvals 16 14 12 10 8 6 4 2 0 New Antimicrobials Approved by...

Statistics
Q

Solve the equation Find only the real solutions Enter your answers as a comma separated...

Calculus
Q

In dealing with a global health crisis, In your opinion, what financial institutions and markets...

Accounting
Q

Question 19 Any person lacking moral principles is said to be: Not yet answered Marked...

Accounting
Q

Everything is correct asides from the Cost Allocation of the Direct Costs of Pesticide and...

Accounting
Q

Question 7 2.5 pts Lost Dutchman Co has total current assets of $11,845,176, current liabilities...

Finance
Q

Describe the primary benefits of third-party environmental audits

Accounting
Q

Getty Company expects sales for the first three months of next year to be $205,000,...

Accounting