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New Company has sales for 2016 of $1,566,777. Information regarding resources for the year are as follows: Resources used Resources Supplied Administration $67,000.00 $90,000.00
New Company has sales for 2016 of $1,566,777. Information regarding resources for the year are as follows: Resources used Resources Supplied Administration $67,000.00 $90,000.00 Depreciation $33,000.00 $37,000.00 Energy $54,000.00 $125,000.00 Training $20,000.00 $23,000.00 Short term labor $89,000.00 $89,000.00 Long term labor $433,000.00 $435,000.00 Marketing $100,000.00 $112,000.00 Prepare an activity-based Income Statement. Show profit and profit percent.
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