Question
A company reports the following information on its Income Statement: Gross Profit $101252 Income Tax Expense $2066 Cost of Goods Sold ? Non-Operating Revenues $3873
A company reports the following information on its Income Statement:
| Gross Profit | $101252 |
| Income Tax Expense | $2066 |
| Cost of Goods Sold | ? |
| Non-Operating Revenues | $3873 |
| Net Sales | $224099 |
| Operating Expenses | $59341 |
What is its Net Income? $ Blank 1. Calculate the answer by read surrounding text. (Note: Enter numbers only; no symbols, spaces, commas, etc. Round final answer to the nearest whole number.)
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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arens
7th Edition
0912503688, 978-0912503684
