Presented below are the 2016 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES...
Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 17,850 Service revenue 7,000 Total revenue $ 24,850 Operating expenses: Cost of goods sold 9,000 Selling expense 4,200 General and administrative expense 3,300 Total operating expenses 16,500 Operating income 8,350 Interest expense 330 Income before income taxes 8,020 Income tax expense 3,400 Net income $ 4,620 Balance Sheet Information...
Presented below are the 2016 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2016 ($ in thousands) Sales revenue $ 14,650 Service revenue 3,800 Total revenue $ 18,450 Operating expenses: Cost of goods sold 7,400 Selling 2,600 General and administrative 1,700 Total operating expenses 11,700 Operating income 6,750 Interest expense 220 Income before income taxes 6,530 Income tax expense 2,700 Net income $ 3,830 Balance Sheet Information ($ in...
Presented below are the 2021 Income statement and comparative balance sheets for Santana Industries. $20,45€ SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 15,650 Service revenue 4,880 Total revenue Operating expenses: Cost of goods sold 7.989 Selling expense 3.100 General and administrative expense 2.280 Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income 13,200 7.250 220 7.30 2,3ee $ 4,730 Dec. 31. Dec. 31,...
Presented below are the 2021 Income statement and comparative balance sheets for Santana Industries. $20,45€ SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 15,650 Service revenue 4,880 Total revenue Operating expenses: Cost of goods sold 7.989 Selling expense 3.100 General and administrative expense 2.280 Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income 13,200 7.250 220 7.30 2,3ee $ 4,730 Dec. 31. Dec. 31,...
Presented below are the 2018 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2018 ($ in thousands) Sales revenue $ 17,250 Service revenue 6,400 Total revenue $ 23,650 Operating expenses: Cost of goods sold 8,700 Selling 3,900 General and administrative 3,000 Total operating expenses 15,600 Operating income 8,050 Interest expense 350 Income before income taxes 7,700 Income tax expense 4,000 Net income $ 3,700 Balance Sheet Information ($ in...
Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. $20,050 SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 15,450 Service revenue 4,600 Total revenue Operating expenses: Cost of goods sold 7,800 Selling expense 3,000 General and administrative expense 2,100 Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income 12,900 7,150 210 6,940 2,200 $ 4,740 Dec. 31, Dec. 31,...
Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. $22,050 SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $16,450 Service revenue 5,600 Total revenue Operating expenses: Cost of goods sold 8,300 Selling expense 3,500 General and administrative expense 2,600 Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income 14,400 7,650 260 7,390 2,700 $ 4,690 Dec. 31, Dec. 31, 2021...
Presented below are the 2021 Income statement and comparative balance sheets for Santana Industries. $17,650 SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $ 14,250 Service revenue 3,400 Total revenue Operating expenses: Cost of goods sold 7,200 Selling expense 2,400 General and administrative expense 1,500 Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income 11,100 6,550 150 6,400 1,600 $ 4,800 Dec. 31, 2021 Dec....
Presented below are the 2021 income statement and comparative balance sheet me statement and comparative balance sheets for Santana Industries. P4-11 Statement of cash flows; indirect method • L04-8 $ 17,650 SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $14,250 Service revenue 3,400 Total revenue Operating expenses: Cost of goods sold 7,200 Selling expense 2,400 General and administrative expense 1,500 Total operating expenses Operating income Interest expense Income before income taxes Income...
Presented below are the 2021 income statement and comparative balance sheet me statement and comparative balance sheets for Santana Industries. P4-11 Statement of cash flows; indirect method • L04-8 $ 17,650 SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue $14,250 Service revenue 3,400 Total revenue Operating expenses: Cost of goods sold 7,200 Selling expense 2,400 General and administrative expense 1,500 Total operating expenses Operating income Interest expense Income before income taxes Income...