Chico Companys net income in 2009 was $30,000. Paul Companys net income in 2009 was $60,000. From

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Chico Company’s net income in 2009 was $30,000. Paul Company’s net income in 2009 was $60,000. From this information we cannot tell which company performed better. Why not?

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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