Accounting -12/13/17
I. Bellwork
Explain how each of the 3 percentages are determined on the income statement. Use words and formulas.
II. Objectives:
- Prepare a income statement with ratios applying proper formatting using Google Sheets
- Explain how % sales ratios are determined on a income statement
III. Income Statement Quiz Friday
IV. Classwork:
Create Income Statements using Google Sheets
- 7-1 On Your Own –
- 7-1 Applications Problem
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