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calculate income from operations for the year ending December 31,2013 for Verbeke Co 4 Homework | Questlon 15 (of 15) Question 15 (of 15) value:

calculate income from operations for the year ending December 31,2013 for Verbeke Co
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4 Homework | Questlon 15 (of 15) Question 15 (of 15) value: 10.00 points Selected information taken from the financial statements of Verbeke Co. for the year ended December 2013, follows: Gross proft General and administrative expenses Net cash used by investing activities Dividends paid Interest expense Net sales Advertising expense Accounts payable Income tax expense Other selling expenses 412,000 83,000 106,000 51,000 61,000 741,000 76,000 101,000 38,000 42,000 Required a. Calculate income from operations (operating income) for the year ended December 31, 2013. Income from operations b. Calculate net income for the year ended December 31, 2013. t income

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