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Fill in the following missing income statement values. The cases are independent. Case A Case B 250,000 Sales COGS 200,000 150,000 60,000 60,000 Gross Profit
Fill in the following missing income statement values. The cases are independent. Case A Case B 250,000 Sales COGS 200,000 150,000 60,000 60,000 Gross Profit Operating Expenses Operating Income (EBIT) Interest Expense Income before Taxes (EBT) Tax Expense (40%) Net Income 10,000 80,000 92,000
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