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PROBLEM II Using the following information from Char Company. Prepare an income statement through operating income for the year. Sales? $ 900,000 Finished goods inventory
PROBLEM II Using the following information from Char Company. Prepare an income statement through operating income for the year. Sales? $ 900,000 Finished goods inventory beginning? 45,000 Cost of goods manufactured? 585,000 Finished goods inventory ending? 60,000 Operating expenses? 275,000
PROBLEM II
Using the following information from Char Company. Prepare an income statement through operating income for the year.
Sales? $ 900,000
Finished goods inventory beginning? 45,000
Cost of goods manufactured? 585,000
Finished goods inventory ending? 60,000
Operating expenses? 275,000
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