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on 3 The only revenue for the Ford Company is Sales. The only expenses are Cost of Goods Sold and Operating Expenses. A net income

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on 3 The only revenue for the Ford Company is Sales. The only expenses are Cost of Goods Sold and Operating Expenses. A net income will result if: red out of Select one: a. Cost of Goods Sold exceeds Purchases an b. Operating Expenses exceeds Cost of Food Sold c. Gross Margin exceeds Operating Expenses d. Gross Margin exceeds Cost of Goods Sold e. Operating Expenses exceeds Gross Margin con 4 Girodat Printing reports these account balances at December 31, 2018: ot ered s out of ag tion Accounts Payable Land Accumulated Depreciation, Building Unearned Revenue Cash Accounts Receivable Buildings Common Stock $70 $450 $180 $150 $70 $90 $400 $610 In the 12/31/18 trial balance, the total of the debit column is: Select one: a. $1,190 b. $1,620 C. $1,010 d. $1,160 e. $830

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