What did tread company report for net income

Assignment Help Accounting Basics
Reference no: EM132738979

Question: The Tread Company's December 31 financial statements reported the following (in millions):

Sales $30,316

Cost of sales 21,944

Other expenses (excluding cost of sales) 5,804

What did Tread Company report for net income for the year ended December 31?

Reference no: EM132738979

Questions Cloud

How many units does washington need to sell : Last year Washington Corp. had a net loss of $23,000, total fixed costs of $40,000, and total variable costs of $23,000. Washington sells its products.
The results of standardized assessments are often reported : The results of standardized assessments are often reported in terms of standard deviations away from the norm, age equivalents, or grade level equivalents
Create an adjustment journal : Existing sewing equipment worth Rp 850.000. From the adjustment information above, then create an adjustment journal
How many units of x and y should hingis corporation produce : How many units of X and Y should Hingis Corporation produce? Total demand for X is 16,000 units and for Y is 8,000 units. Machine hours is a scarce resource.
What did tread company report for net income : The Tread Company's December 31 financial statements reported the following (in millions): Cost of sales 21,944. What did Tread Company report for net income.
Clinical field experience : Select one of the standardized tools you researched in your "Clinical Field Experience B" assignment.
How much income should X report from its investment : Assume that X accounts for its investment in B using the cost method. How much income should X report from its investment in B for 2019
How geary manufacturing desires to follow optimal strategy : Purchasing units from outside suppliers. If 50,000 machine hours are available, and Geary Manufacturing desires to follow an optimal strategy, it should
What will be the other type of accounting : Do you think that the owner of the food stand in Manhattan, New York City use accrual accounting or the other type of accounting?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd