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Incorrect Question 2 0/10 pts What are total amount of operating expenses? Refer to the Income Statement shown. The data was taken from an
Incorrect Question 2 0/10 pts What are total amount of operating expenses? Refer to the Income Statement shown. The data was taken from an Exercise in Chapter 1 of the text. LESSING TOY & HOBBY Northern Division For the Year Ending January 31 ($000) Sales revenue $12,040 Costs Cost of goods sold $ 6,020 Advertising 490 Administrative salaries 810 Sales commissions 1,624 Rent and occupancy expense 2,058 Allocated corporate support Total costs Net loss before tax benefit. Tax benefit at 25% Net loss. $ (292) (73) $ (219) 1,330 $12,332 4,982
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