Order the answer to: Calculate income from operations and net income Net cash provide

Academic Writing business-economics Order the answer to: Calculate income from operations and net income Net cash provide

business-economics

Order the answer to: Calculate income from operations and net income Net cash provide

Question Calculate income from operations and net income Net cash provided by operation …………..$ 49,000 Cost of goods sold ……………….$155,000 Selling, general, and administrative expenses ……..$ 62,000 Accounts payable ………………$ 45,000 Extraordinary loss from hurricane, net of tax Savings $18,000 ……………….$ 68,000 Research and development expenses ………..$ 15,000 Net loss from discontinued operations, net of tax Savings of $12,000 ………………$ 30,000 Provision for income taxes ……………$ 39,000 Net Sales ………………….$420,000 Interest expense ……………….$ 32,000 a. Calculate income from operations (operating income) for the year ended December 31, 2007. b. Calculate net income for the year ended December 31, 2007.
Subject business-economics
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