The following information is available for Quayle Company: Sales


Question Description:

24.99

The following information is available for Quayle Company: Sales revenue$618,000 Sales returns and allowances20,000 Cost of goods sold398,000 Operating expenses 114,000 Interest expense19,000 Interest revenue20,000 (a) Use the above information to prepare a multiple-step income statement for the year ended December 31, 2014

Answer

24.99