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Complete the common-size income statement below:(Round to one decimal place.) Common-Size Income Statement 2016 Revenues$30,050100%Cost of goods sold(19,950)66.4Gross profit$10,10033.6%Operating expenses(8,030)Net operating income$2,07021%Interest expense(900)2.3Earnings before taxes$1,17018.7%Income
Complete the common-size income statement below:(Round to one decimal place.)
Common-Size Income Statement2016Revenues$30,050100%Cost of goods sold(19,950)66.4Gross profit$10,10033.6%Operating expenses(8,030)Net operating income$2,07021%Interest expense(900)2.3Earnings before taxes$1,17018.7%Income taxes(425)2.8Net income$74515.9%Step by Step Solution
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Credit Rating Agencies On The Watch List Analysis Of European Regulation
Authors: Raquel García Alcubilla , Javier Ruiz Del Pozo
1st Edition
0199608865,0191640999
