fedex corporation had the following revenue and expense account balances in millions 541708
Income statement
FedEx Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31, 2011:
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fedex corporation had the following revenue and expense account balances in millions 541708
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|
Depreciation |
$1,973 |
Purchased Transportation |
$ 5,674 |
|
Fuel |
4,151 |
Rentals and Landing Fees |
2,462 |
|
Maintenance and Repairs |
1,979 |
Revenues |
39,304 |
|
Other Expense (Income) Net |
5,524 |
Salaries and Employee Benefits |
15,276 |
|
Provision for Income Taxes |
813 |
a. Prepare an income statement.
b. Compare your income statement with the related income statement that is available at the FedEx Corporation, What similarities and differences do you see?
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