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07-06-2024
Business

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Game Spot Inc. is a well-known Internet company. The following data are from its financial statement for the year ended December 31 . 2011 (in millions): (Click the icon to view the data.) Requirements
1. Prepare Game Spot's income statement for the year. The final three lines of the income statement were labeled as income before taxes, provision for income taxes, and net income
Game Spot Inc
Retained earnings end year dollar 36,437 Dividents paid dollar?
Reveneu 30,699 Retained earnings beggining of year 23,060
Net interest income 250 operating cost and expenses 12,409
Provision for income taxes 5,203 cash 5,109

Answer :

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