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I carefully read the account titles on Statement of Earnings again and now I have come to a conclusion as follows:
Total net revenue -Total operating expenses =Earnings from operations
Earnings from operations- Interest and other, net =Earnings before taxes
Earnings before taxes – Provision for taxes = Net earnings
Therefore, Total net revenue – Total operating expenses – Interest and other, net – Provision for taxes = Net earnings(Net income)
Thank you anyway.
