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Income Statement Breakdown: Item Amount Sales Revenue $1,500,000 Cost of Goods Sold $600,000 Gross Profit $900,000 Operating Expenses $300,000 Net Income $600,000 Analyze the income
Income Statement Breakdown:
Item | Amount |
---|---|
Sales Revenue | $1,500,000 |
Cost of Goods Sold | $600,000 |
Gross Profit | $900,000 |
Operating Expenses | $300,000 |
Net Income | $600,000 |
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