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Cherokee Inc. is a merchandiser that provided the following information: Pequired: . Prepare a traditional income statement. 2. Prepare a contribution format income statement. Prepare
Cherokee Inc. is a merchandiser that provided the following information: Pequired: . Prepare a traditional income statement. 2. Prepare a contribution format income statement. Prepare a traditional income statement. Cherokee, Inc. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Contribution Format Income Statement } \\ \hline Variable expenses: & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Fixed expenses: & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}
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