The Viel Company income statement for 2015 shows sales revenue of Rp 310,000 with a gross profit of Rp 170,000 after cost of goods sold of Rp 140,000. Operating expenses totaled Rp 50,000 for selling and Rp 120,000 for administrative. Other income included a Rp 30,000 gain on asset sale. Net income was Rp 132,000 with Rp 40,000 allocated to non-controlling interests, leaving Rp 92,000 for shareholders. Comprehensive income including an unrealized gain was Rp 142,000, with Rp 127,000 retained after paying dividends of Rp 5,000.
The Dunbar Inc.
The Viel Company income statement for 2015 shows sales revenue of Rp 310,000 with a gross profit of Rp 170,000 after cost of goods sold of Rp 140,000. Operating expenses totaled Rp 50,000 for selling and Rp 120,000 for administrative. Other income included a Rp 30,000 gain on asset sale. Net income was Rp 132,000 with Rp 40,000 allocated to non-controlling interests, leaving Rp 92,000 for shareholders. Comprehensive income including an unrealized gain was Rp 142,000, with Rp 127,000 retained after paying dividends of Rp 5,000.
The Dunbar Inc.
The Viel Company income statement for 2015 shows sales revenue of Rp 310,000 with a gross profit of Rp 170,000 after cost of goods sold of Rp 140,000. Operating expenses totaled Rp 50,000 for selling and Rp 120,000 for administrative. Other income included a Rp 30,000 gain on asset sale. Net income was Rp 132,000 with Rp 40,000 allocated to non-controlling interests, leaving Rp 92,000 for shareholders. Comprehensive income including an unrealized gain was Rp 142,000, with Rp 127,000 retained after paying dividends of Rp 5,000.
The Dunbar Inc.
Income Statement For The Year Ended December 31, 2015 Sales Sales revenue Rp 310,000.00
Cost of good sold Rp 140,000.00
Gross Profit Rp 170,000.00
Selling and administrative expense Rp 50,000.00 Rp 120,000.00
Other income and expense
Gain on sale of plant assets Rp 30,000.00 Rp 150,000.00
Income from operation Rp 150,000.00
Interest expense Rp 6,000.00 Rp 144,000.00 Loss on discontinued operations -Rp 12,000.00 Net income Rp 132,000.00
Allocation to non-controlling interest -Rp 40,000.00
Net income attributable to controlling shareholders Rp 92,000.00
Net income Rp 132,000.00
Unrealized gain on available for sale financial assets Rp 10,000.00 Comprohensive income Rp 142,000.00
Net income Rp 132,000.00
Devidens Declared and paid Rp 5,000.00 Retained earnings December 31,2015 Rp 127,000.00 DUNBARMINC. Income Statement For the year 2015 Net Sales Rp 1,108,000.00 Cost of goods sold Rp 500,000.00 Gross profit Rp 608,000.00 Selling Expense Rp 360,000.00 Administrative expense Rp 90,000.00 Rp 450,000.00 Income from opetations Rp 158,000.00 Interest expense Rp 20,000.00 Income before income tax Rp 138,000.00 Income ta Rp 41,400.00 Net income for the year 2015 Rp 96,600.00