newconnect.mheducation.com pter 4-Part I MHE Reader Week 3 (Sep 10-S... t Dashbo

Question

newconnect.mheducation.com pter 4-Part I MHE Reader Week 3 (Sep 10-S... t Dashboar Thread: Hi doe Saved In Baer Food Co's 2016 single-step income statement, the section titled "Revenues" consisted of the following: Net sales revenue $187.000 Income on discontinued operations, including gain on disposal of $21,000, and tax expense of $6,000 13,500 Interest revenue Gain on sale of equipment 10,200 4,700 Total revenues $215.400 In the revenues section of the 2016 income statement, Baer Food should have-reported total revenues of Multiple Choice

Explanation / Answer

In the revenues section of the 2016 income statement, Baer Food should have reported total revenues of $201,900 Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Sales revenue            187,000.00 Interest Revenue              10,200.00 Gain on sale of equipment                4,700.00 Total Revenues            201,900.00

Related Questions

Navigate

• Browse (All)
• Browse N
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.