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Help! What could be the best scenario to achieve NI 1,200,000 and what other options does the company have in order to obtain the same
Help! What could be the best scenario to achieve NI 1,200,000 and what other options does the company have in order to obtain the same amount of net income?
Sales | (6,174,020.00) |
Sales Returns | 320,280.00 |
Sales Discounts | 59,910.00 |
Purchases | - |
Purchase Returns | - |
Purchase Discounts | - |
Cost of Goods Sold | 4,205,114.00 |
Wage & Salary Expense | 70,878.00 |
Rent Expense | 122,650.00 |
Utilities Expense | 72,820.00 |
Office Supplies Expense | 35,800.00 |
Payroll Tax Expense | 27,135.25 |
Depreciation | 11,750.00 |
Bad Debt Expense | 57,938.30 |
Interest Expense | 5,000.00 |
Provision for Income Tax | 236,948.89 |
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