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If sales are $100,000, selling and administrative expenses are $26,000, and the gross margin is $40,000, then the net operating income must be:
If sales are $100,000, selling and administrative expenses are $26,000, and the gross margin is $40,000, then the net operating income must be:
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
