The following selected accounts from the Ayayai Corp.’s general ledger are presented below for the year ended December 31, 2017: Advertising expense $40,700 Interest revenue $22,200
Common stock 185,000 Inventory 49,580
Cost of goods sold 802,900 Rent revenue 17,760
Depreciation expense 92,500 Retained earnings 395,900
Dividends 111,000 Salaries and wages expense 499,500
Freight-out 18,500 Sales discounts 6,290
Income tax expense 51,800 Sales returns and allowances 30,340
Insurance expense 11,100 Sales revenue 1,776,000
Interest expense 51,800

Required:
Prepare a multiple-step income statement.

Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.

Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)