Referring to the CICA research study mentioned in this chapter, discuss some limitations of the financial statement
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In BE23-19
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2014 2013 $780 546 234 156 78 2012 Net sales Cost of goods sold Gross profit Selling, general, and administrative expenses Profit before tax $800 560 240 200 40 $720 468 252 115 137
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Related Book For
Intermediate Accounting
ISBN: 978-1118300855
10th Canadian Edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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