
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 7
In 2009, CSX Corporation, which operates under the name Surface Transportation, reported operating expenses of $6,756 million. A partial list of the company's operating expenses follows. CSX Corporation reported revenues from external customers to be $9,041 million for the year. These revenues are divided among two operations: intermodal and rail.
On the consolidated statement of earnings, what was the amount reported for operating expenses?

On the consolidated statement of earnings, what was the amount reported for operating expenses?
Explanation
The latest annual report for 2013 for th...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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