What are examples of financial statements?

Using this information, you can figure out how to prepare several examples of financial statements:

  • Sales: $3,200,000.
  • Cost of goods sold: $1,920,000.
  • Gross Profit: $1,280,000.
  • Administrative overhead: $875,000.
  • Profit before interest and taxes: $405,000.
  • Interest: $32,000.
  • Taxes: $128,00.
  • Depreciation: $57,000.

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