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
 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

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