What is the value of earnings please specify your answer in


Suppose Nippon Technology has the following revenue and expenses for 2017:

Revenues of $8,700,000

Cost of Goods Sold of $1,740,000

Depreciation Expenses of $1,200,000

Income Taxes of $1,776,000

Interest Expenses of $50,000

Other Expenses of $400,000

Sales, General, & Administrative Expenses of $870,000

What is the value of Earnings?

Please specify your answer in the same units as the income statement.

Solution Preview :

Prepared by a verified Expert
Cost Accounting: What is the value of earnings please specify your answer in
Reference No:- TGS02842006

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)