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Financial information for two companies are presented below. (a) Fill in the missing amounts. Sales revenue Novak Corp. Splish Brothers Inc. $116,000 $ $ Sales
Financial information for two companies are presented below. (a) Fill in the missing amounts. Sales revenue Novak Corp. Splish Brothers Inc. $116,000 $ $ Sales returns and allowances 7,600 Net sales 110,000 132,000 Cost of goods sold 77,000 Gross profit 42,240 Operating expenses 19,800 Net income 18,480 LINK TO TEXT
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