Simons Company sells plastic ware. The following information summarizes Simons' operating activities for 2015: 
Prepare an income statement for Simons Company, a merchandiser, for the year ended December 31, 2015 using the format below: 
Definitions:
External Report
A report prepared for individuals or entities outside the organization, often to provide information or analysis about the organization's activities.
Informal Report
A report that is usually short, addressing routine matters, and follows a more relaxed structure and tone.
Lateral Report
A report that communicates information or progress among peers or departments within the same level of an organization, facilitating collaboration.
Proposal Reports
Documents designed to outline plans for a project, seeking approval or funding.
Q8: Federal Unemployment Taxes Payable is typically shown
Q24: The Long-term Investments account is debited for
Q35: If a debt security is purchased at
Q73: Marketable securities are also known as:<br>A)short-term investments.<br>B)held-to-maturity
Q74: Atlantis Inc. provides the following historical data:
Q82: Garcia Company provides the following information about
Q100: At the beginning of 2015, Conway Manufacturing
Q105: Held-to-maturity investments are normally reported at _.<br>A)current
Q107: In a manufacturing firm, administrative costs are
Q153: Which of the following correctly describes just-in-time