FY23

FY24

Sales

$25,070,857Cost of Goods Sold$19,805,977

Other Expenses

$2,757,794Depreciation$1,002,834

Taxable Income

$1,504,252Taxes (21%)$315,893

Net Income

$1,188,359 Dividends$500,000

Add. to Retained Earnings

$688,359 For the remaining calculations, remember to round any final answers to the nearest whole number. Solve for FY24 Sales on the 2024 income statement. Remember to reference the growth rate provided by Paul.

asked by guest
on Nov 19, 2024 at 9:41 pm



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


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