Which is linked to the texts web site at


1. FedEx Corporation had the following revenue and expense account balances (in millions) at its fiscal year-end of May 31, 2007:

a. Prepare an income statement.

b. Compare your income statement with the related income statement that is available at the FedEx Corporation Web site, which is linked to the text's Web site at academic.cengage.com/accounting/warren. What similarities and differences do you see? 

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Accounting Basics: Which is linked to the texts web site at
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