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Below are amounts found in the income statements of three companies. Operating Non-operating Income Tax $2,200 3,200 Sales Cost of Company Revenue Goods Sold Expenses
Below are amounts found in the income statements of three companies. Operating Non-operating Income Tax $2,200 3,200 Sales Cost of Company Revenue Goods Sold Expenses Henry Grace James $12,600 26,130 25,960 5,200 13,300 3,200 Expenses $2,200 7,200 $36,000 39,000 44,000 1.00 points Required 1. For each company,calculate (a) gross profit,(b) operating income, (c) income before income taxes, and (d) net income (Negative amoun Gross Profit Operating Income Before Net Income ! Income Income taxes Loss 9,600 Henry Grace James
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