Computing Net Income
This assignment will provide you with practice in computing Net Income from a set of financial statement accounts and associated balances. You will not be required to prepare a full income statement in this problem. The focus will be on correctly identifying which accounts should be part of the calculation, and how to compute net income.
Relevant Excel Functions
This assignment will require you to be able to use some or all of the following Excel functions. Click on the hyperlinked section number next to the relevant Excel skill to be directed to a page showing how to perform the assigned task in Excel:
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