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Compute the OTP. Mr. Talion operates a cockpit. Results of operations for 2018 were provided as follows: Gross receipts: Cockpit operations 4,000,000 Restaurant operations 1,850,000
Compute the OTP. Mr. Talion operates a cockpit. Results of operations for 2018 were provided as follows: Gross receipts: Cockpit operations 4,000,000 Restaurant operations 1,850,000 Purchases: Supplies for cockpit operations (net of vat) 750,000 Supplies for restaurant operations (invoice amount) 224,000
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
5th Canadian Edition
