fedex corporation had the following revenue and expense account balances in millions 551311
EX 4-7 Income statement
FedEx Corporation had the following revenue and expense account balances (in millions) at its fiscal year-end of May 31, 2009:
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fedex corporation had the following revenue and expense account balances in millions 551311
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|
Depreciation |
$1,975 |
Purchased Transportation |
$ 4,534 |
|
Fuel |
3,811 |
Rentals and Landing Fees |
2,429 |
|
Maintenance and Repairs |
1,898 |
Revenues |
35,497 |
|
Other Expense (Income) Net |
6,406 |
Salaries and Employee Benefi ts |
13,767 |
|
Provision for Income Taxes |
579 |
a. Prepare an income statement.
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