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eBook Prepare an income statement in good form. Round the percent to four decimal places before converting to a percentage. For example, 8 8 3

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Prepare an income statement in good form. Round the percent to four decimal places before converting to a percentage. For example, 88349 would be rounded to .8835 and entered as 88.35.
Bob's Bistro
Income Statement
For the Coming Year
\table[[,,Percent],[Sales ,$817,500,,%
Prepare an income statement in good form. Round the percent to four decimal places before converting to a percentage. For example, .88349 would be rounded to .8835 and entered as 88.35.
Bob's Bistro
Income Statement
For the Coming Year
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Check My Work
See Example 2.4
What if the operating expenses percentage for the past few years was 47.49 percent? Management's reaction might be:
Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's Bistro predicts that 55,200 units will be produced with the following total costs:
\table[[Direct materials,?],[Direct labor,$69,000
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