Condensed data from the company's Year 2 and Year 1 financial statements are presented below. The figures are expressed in thousands.

-Refer to Baker's Pride Bakery.Was the company profitable both years? What are the amounts of the total revenues and total expenses,respectively,for Year 2? Which financial statement provides this information to you?

Question

Condensed data from the company's Year 2 and Year 1 financial statements are presented below. The figures are expressed in thousands.
  
-Refer to Baker's Pride Bakery.Was the company profitable both years? What are the amounts of the total revenues and total expenses,respectively,for Year 2? Which financial statement provides this information to you?

Quizplus · Accepted Answer

The Answer of Condensed data from the company's Year 2 and Year 1 financial statements are presented below. The figures are expressed in thousands.
  
-Refer to Baker's Pride Bakery.Was the company profitable both years? What are the amounts of the total revenues and total expenses,respectively,for Year 2? Which financial statement provides this information to you?

Condensed Data from the Company's Year 2 and Year 1