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Prepare healthy hairs income statement for the year

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Reference no: EM133121920

Question - Helathy Hair is retail chain specializing in salon-quality hair care products .during the year, healthy hair had sales of $38,380,000. The Company began the year with $2,985 of merchandise inventory and ended the year with $3,785,000 of inventory. During the year healthy hair purchased of $23,540,000 of merchandise inventory. The company selling, general and administrative expense totalled $6,125,000 for the year. Prepare Healthy hairs income statement for the year.

Reference no: EM133121920

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