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Expenditure DateReferenceAmount Supplier NameSupplier ID Expense AreaExpense Purpose27/02/2020 17/03/2020 19/03/2020 14/01/2020 21/01/2020 31/03/2020 07/01/2020 26/03/2020 28/01/2020 05/03/2020 04/02/2020
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01
Gather all financial data including revenue, expenses, and net income for the specified period
02
Calculate the gross profit by subtracting the cost of goods sold from the total revenue
03
List all operating expenses such as marketing, salaries, and rent
04
Calculate the operating income by subtracting the total operating expenses from the gross profit
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Include non-operating income and expenses, such as interest income or losses on investments
06
Deduct taxes to find the net income
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Who needs income statement - coca-cola?

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Investors and shareholders of Coca-Cola would need the income statement to evaluate the financial performance of the company
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Management of Coca-Cola would use the income statement to make strategic decisions based on the company's profitability
03
Financial analysts and potential investors would analyze the income statement to assess the financial health and stability of Coca-Cola
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The income statement of Coca-Cola is a financial report that shows the company's revenues, expenses, and net profit over a specific period of time.
Coca-Cola, as a publicly traded company, is required to file its income statement with the Securities and Exchange Commission (SEC) and make it available to shareholders and the public.
The income statement of Coca-Cola is prepared by the company's financial team following standardized accounting principles and guidelines. It includes revenues from the sale of beverages, operating expenses, taxes, and net profit.
The purpose of the income statement for Coca-Cola is to provide a snapshot of the company's financial performance and profitability during a specific period, helping investors and stakeholders evaluate its financial health.
The income statement of Coca-Cola must report revenues, cost of goods sold, operating expenses, taxes, and net income. It also includes earnings per share (EPS) and other financial metrics.
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