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In your assigned groups, please answer the following questions for the Daniel Dobbins Distillery case. Calculate the net profit for 1988 based on what you
In your assigned groups, please answer the following questions for the Daniel Dobbins Distillery case. Calculate the net profit for 1988 based on what you think should be included in the cost of goods sold. Explain any difference from the current presentation of net profit. Provide New Income Statement.
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