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Question 14 (3 points) Listen Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense
Question 14 (3 points) Listen Various items from the Perril Company's Income statement for the year ending December 31, 2005 are listed below: Interest expense = 30 Depreciation = 92 Taxes = 20 Dividends paid = 15 Beginning inventory = 108 Gross sales = 868 Materials purchases = 515 Operating expenses (excluding depreciation) = 223 Returns and allowances = 73 Ending inventory = 101 Compute Net income (Record your answer without a dollar sign, without commas, without spaces and if your answer is negative, put a minus sign (i.e., -) before your answer with no spaces between the minus sign and the number)
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