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Midlands Inc. had a bad year in 2016. For the first time in its history, company's income statement showed the following results from selling 79,000
Midlands Inc. had a bad year in 2016. For the first time in its history, company's income statement showed the following results from selling 79,000 units of product: net sales $1, 560,000; total costs and expenses 11, 900,000; and net loss 3240,000. Costs and expenses consisted of the following. Management is considering the following independent alternatives for 2017
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