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Is that the true new net income after 50 reduction of overhead?. --Net Income under Leroy's directed approach Sales $6,400,000 -COGS* 1,600,000 = 4,800,000 -selling
Is that the true new net income after 50 reduction of overhead?. --Net Income under Leroy's directed approach Sales $6,400,000 -COGS* 1,600,000 = 4,800,000 -selling and admin exp 1,510,000 = New net i...
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
