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in its income statement for the year ended December 31, 2017, Wildhorse Co.reported the following condensed data. $83,000 2,250,000 25,000 150,000 120,000 $465,000 Loss on
in its income statement for the year ended December 31, 2017, Wildhorse Co.reported the following condensed data. $83,000 2,250,000 25,000 150,000 120,000 $465,000 Loss on disposal of plant assets Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense 945,000 Sales revenue 66,000 71,000 Income tax expense Sales discounts 320,000 Utilities expense Prepare a multiple-step income statement. (List other revenues before other expenses.) WILDHORSE CO. Income Statement MacBook Ain WILDHORSE CO. Income Statement MacBook Air eTextbook and Media eTextbook 1 cTextbook 2 List of Accounts Calculate the profit margin and gross profit rate Profit margin Gross profit rate MacBook Air
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