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Country Roads Inc. is preparing their income statement for the last quarter. Using the following information, determine the companys gross profit. Gross Revenue: $100,000,000 Returns:
Country Roads Inc. is preparing their income statement for the last quarter. Using the following information, determine the companys gross profit.
Gross Revenue: $100,000,000 Returns: $2,000,000 Cost of Goods Sold: $60,000,000 Selling, General and Administrative expenses: $10,000,000 Expenses associated with delivery to customers: $3,000,000 Income tax rate: 25% Interest Expense $4,000,000
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