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An Exercise Standardize the following financial statements and interpret the results. Sales = 1 000 000 Cost of Goods Sold = 650 000 Depreciation Expenses

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An Exercise Standardize the following financial statements and interpret the results. Sales = 1 000 000 Cost of Goods Sold = 650 000 Depreciation Expenses = 50 000 Other Operating Expenses = 100 000 Interest expenses = 20 000 Tax rate =0.2

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