Devlin Inc produces snack foods such as bagel chips The comp
Devlin Inc produces snack foods such as bagel chips. The company had the following condensed trial balance as of April 3, 2011, for the nine months ended April 3, 2011. (S in millions):
Solution
Income statement :
Balance sheet :
| Revenue | 22696 | |
| Less: Expenses | ||
| Cost of sales | (8215) | |
| Selling,general and administrative expenses | (5394) | |
| Other expenses | (1245) | |
| (14854) | ||
| Net Income (Loss) | 7842 | |
