Prepare an income statement for november for hii

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Reference no: EM133906343

Problem

Harbor Island Investments (HII) is a discount brokerage firm offering clients investment advice, trading services, and a variety of mutual funds for investment. HII has collected the following information for November: Employee compensation $ 892,000 Employee training programs 479,500 Fees paid to execute trades 2,212,000 Lease and facility costs 204,500 Marketing 111,000 Revenues (Advisory fees) 1,662,000 Revenues (Brokerage commissions) 3,312,000 Sales commissions to brokers 287,000 Supervisors' salaries 342,000. Get the instant assignment help. Prepare an income statement for November for HII.

Reference no: EM133906343

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