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  • Comprehensive Income Statement For The Year Ended December 31

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    Helen Narvasa
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    For the years 2020-2024: Sales increased each year while total expenses also rose annually. After deducting expenses from sales and accounting for income taxes of 30%, net income after income taxes was positive each year.

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    For the years 2020-2024: Sales increased each year while total expenses also rose annually. After deducting expenses from sales and accounting for income taxes of 30%, net income after income taxes was positive each year.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    11 views2 pages

    Comprehensive Income Statement For The Year Ended December 31

    Uploaded by

    Helen Narvasa
    For the years 2020-2024: Sales increased each year while total expenses also rose annually. After deducting expenses from sales and accounting for income taxes of 30%, net income after income taxes was positive each year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Comprehensive income statement For the year Ended December 31

    Sales
    less: expense
    Operating expenses

    rent
    equpment
    utilities
    salary and wages
    taxes and licenses
    total expense

    net: income tax


    less: income tax 30%
    net income after income tax
    2020 2021 2022 2023 2024
    10,080,000 20160000 21100800 31900800 41,980,800

    349776 699552 1049328 1399104 1748880


    70,998 141996 212994 283992 354990
    34999 69998 104997 174995 209994
    51609 103218 154821 206424 258027
    32000 64000 96000 128000 160000
    539382 1078764 1618146 2157528 2696910

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