Homework SourseHow do i calculate Selling and admin expenses Where is the d
How do i calculate Selling and admin expenses. Where is the date retrieved from?
Star Videos, Inc.
Net Operating loss
| How do i calculate Selling and admin expenses. Where is the date retrieved from? Star Videos, Inc. | ||
| Income Statement | ||
| For this Year Ended December 31 | ||
| Sales | $1,018,000 | |
| COGS | $572,040 | |
| Gross Margin | $445,960 | |
| Selling & admin expenses | ???? | |
| Net Operating loss |
Solution
Selling and administrative expenses can be looked into income statement of the company , you can look it other expenses which generally comes under these heads.
Try putting expenses other than operating under SG&A
