HTML Preview Multi Step Income Statement For Manufacturing Company page number 1.


An income statement for
a hypothetical
manufacturing co. that
you can refer to as we
proceed through the
chapter.
Note: Income Statement is also called
Statement of Earnings
Dividend revenue: other income
Multiple Step
Income Statement &
Comprehensive Income
Objective: to gain a general perspective
of the items reported and classifications
contained in corporate income statements.
Non-OP items
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People don’t believe what you tell them. They rarely believe what you show them. They often believe what their friends tell them. They always believe what they tell themselves. | Seth Godin