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P14-38A Make an investment decision (Learning Objective 4) Assume that you are purchasing an investment and have decided to invest in a company in the
P14-38A Make an investment decision (Learning Objective 4) Assume that you are purchasing an investment and have decided to invest in a company in the smartphone business. You have narrowed the choice to Best Digital Electronics or Zone Network Electronics and have assembled the following data Selected income statement data for the current year follows: Best Digita $467,200 $203,000 Zone Network Net sales (all on credit... Cost of goods sold.. $ 569,400 242,000 19,500 $95,400 Net income... $ 72,800
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