Selected data (in thousands) from the income statement of JTI Inc. are shown below. Using vertical analysis,
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2015 $1,914 1,612 302 218 84 17 S 67 2014 Net sales Cost of goods sold Gross profit Operating expenses Profit before income tax Income tax expense Profit $2,073 1,674 399 210 189 38 $ 151
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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