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Problem 14-1a answers needed ASSIGNMENT Problem 14-14 a, b1 (Part Level Submission) id December 31, 2019. RESOURCES Here are comparative statement data for Duke Company

Problem 14-1a answers needed

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ASSIGNMENT Problem 14-14 a, b1 (Part Level Submission) id December 31, 2019. RESOURCES Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data Chapter 14 Homework Lord Company Exercise 14-2 Duke Company Exercise 14-3 (Video) 2020 2019 2020 2019 Problem 14-1A a, bi (Part Level Submission Net sales $1,812,000 $561,000 Problem 14-2A (Video) Cost of goods sold 1,040,088 297,330 Problem 14-5A Operating expenses 273,612 79,101 Interest expense 9,060 3,927 Review Score Income tax expense 54,360 6,171 Review Results by Study Objective Current assets 320,500 $311,800 82,300 $79,200 Plant assets (net) 519,300 498,800 140,400 123,900 Current liabilities 65,000 34,200 29,000 Long-term liabilities 107,000 91,800 9,800 24,000 Common stock, $10 par 495,000 495,000 123,500 123,500 Retained earnings 172,800 148,800 35,200 26,600 (a) Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. ( Round percentages to 1 decimal place, e-g. 12.1%-) Condensed Income Statement Duke Company Lord Company Dollars Percent Dollars Percent % % By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. MacBook Air

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