Evans Income And Expense Statement Answers
According to evan s income and expense statement he has a net loss.
Evans income and expense statement answers. Income and expense statement template answer key and income and expense statement template answers can be valuable inspiration for those who seek a picture according specific categories you can find it in this site. Quick ratio evans and sons inc. Microsoft word income and expense statement lesson plan 1 15 5 author. Expense gross income income income and expense statement insurance mortgage net gain net income net loss savings.
Page 17 2 2 4 a1 evan s income and expense statement total points earned 16 total points. Income and expense statement. 2 points for completion step three. How has creating an income and expense statement helped evan manage his money.
Terms in this set 10 expense. A product that transfers risk from a individual to an insurance company or organization. Sample income and expense statement template and evans income and expense statement template. 2b evan s income and expense statement.
Use evan s income and expense statement to answer the questions below. 2 28 2013 8 57 38 am. Customize evan s income and expense statement by removing the categories and sub categories that you believe he would not need. An individual s income earned as salary or wages before taxes and other deductions.
Evan march amountexpense statement earned income income wages or salary before deductions 1600 00 total income 1 600 00 expenses deductions often taken from paychecks customize evan s federal income tax social security fica. Evan used an app on his smartphone to track his expenses for the month. Mary kay scholl created date. Use the information below and the template provided to create an income and expense statement for evan for the month of march 10 points for completion evan summarized the information from his march gross.
The information from his smartphone is summarized in the table below. Lists and summarizes income and expense transactions that have taken place over a specific period of time usually a month or year. Income statement in millions 2019 2018 net sales 9 800 59 300 cost of goods sold 5 500 5 200 gross profit 4 300 4 100 selling and administrative expenses 2 800 2 700 income from operations 1 500 1 400 interest expense 300 250 income before income taxes 1 200 1 150 income tax expense 220 200 net income 90.