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Flint Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting
Flint Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30,2022 , its accounting records included the following accounts and adjusted balances. Additional data: Notes payable are due in 2026. FLTNT DEPARTMENT STORE Income Statement 5 : $ FLINT DEPARTMENT STORE Income Statement Dividends Net Income / (Loss) Retained Earnings, December 1, 2011 Retained Earnings, November 30, 2012 Sales Total Revenues Net Sales Gross Profit Operating Expenses Total Operating Expenses Income From Operations Other Revenues and Gains Other Expenses and Losses Income Before Income Taxes
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