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Presented here are the components in Concord Corporations income statement. Determine the missing amounts. Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Net
Presented here are the components in Concord Corporations income statement. Determine the missing amounts.
Sales Revenue | Cost of Goods Sold | Gross Profit | Operating Expenses | Net Income | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year 1 | $ 75,310 | $Enter a dollar amount for year 1 | (b) | $ 31,900 | $Enter a dollar amount for year 1 | (d) | $13,760 | ||||||||
Year 2 | $112,000 | $71,800 | $Enter a dollar amount for year 2 | (c) | $Enter a dollar amount for year 2 | (e) | $30,690 | ||||||||
Year 3 | $Enter a dollar amount for year 3 | (a) | $76,660 | $114,570 | $49,760 | $Enter a total net income for year 3 | (f) |
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