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7. Use the 2012 income statement and balance sheet to complete a strategic profit model for J.Q. Income Statement 2012 Sales Cost of goods sold

7. Use the 2012 income statement and balance sheet to complete a strategic profit model for J.Q.

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Income Statement 2012 Sales Cost of goods sold 4,003,450 5937,000 $3,066,450 $657,322 $735,982 $567,987 $345,876 Transportation cost Warehousing cost Inventory carrying cost Other operating otal operating cost Earnings Before Interest and Taxes Interest Taxes Net income $2,307,167 $759,283 $110,000 $69,000 $580,283

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