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1 Referring to the format presented in following table, calculate gross profit and ner income or ner loss for each of the following- 5 marks
1 Referring to the format presented in following table, calculate gross profit and ner income or ner loss for each of the following- 5 marks C S14.000 8.000 S102,000 64.000 S68.000 31.000 $540,000 320,000 $398,000 275.000 Ner Sales COGS Gross Profit Operating Expenses Net Income 9,000 31,000 22,000 261,000 106,000 LOr Net Loss
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Auditing And Assurance Services
Authors: Timothy J Louwers, Robert J. Ramsay, David Sinason, Jerry R Strawser
1st Edition
0072954442, 9780072954449
