Describe the 2 formats for the income statement of a merchandising company, and list the respective sub-totals found in each income statement format.
Discuss the following: Companies like Wal-Mart, Target, and Amazon are all examples of companies that purchase inventory from suppliers, and then sell those products to consumers. 1). Describe the 2 formats for the income statement of a merchandising company, and list the respective sub-totals found in each income statement format. (You should describe some of […]