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A company has revenues of $1,000,000 and gross profit of $100,000 (ignore taxes). If an employee embezzles $10,000 from the company, how much will the
A company has revenues of $1,000,000 and gross profit of $100,000 (ignore taxes). If an employee embezzles $10,000 from the company, how much will the company need to increase its revenues in order to make up for the loss due to the embezzlement? $10,000 $20,000 $100,000 $110,000
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Financial Accounting
Authors: LibbyShort
7th Edition
78111021, 978-0078111020
