To present their expenses by function, which is sometimes referred to “cost of sales” method.
If you want to change selection, open document below and click on "Move attachment"
2. COMPONENTS AND FORMAT OF THE INCOME STATEMENT n would be grouping together expenses into a category such as cost of goods sold, which may include labour and material costs, depreciation, some salaries (e.g., salespeople’s), and other direct sales related expenses.8 Both Danone and Kraft <span>present their expenses by function, which is sometimes referred to “cost of sales” method.
One subtotal often shown in an income statement is gross profit or gross margin (that is revenue less cost of sales). When an income statement shows a gross profit subt
Summary
status
not read
reprioritisations
last reprioritisation on
suggested re-reading day
started reading on
finished reading on
Details
Discussion
Do you want to join discussion? Click here to log in or create user.