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Question 4 of 20 Crane Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2017 Net sales $68,860 Cost of products sold
Question 4 of 20 Crane Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2017 Net sales $68,860 Cost of products sold Gross profit $42,30026,560 Marketing, research, administrative expense 13,800 Depreciation Operating income (loss) $27,680 Interest expense Earnings (loss) before income taxes $27,180500 Income taxes Net earnings (loss) $,3774 Question 4 of 20 Crane Consumer Products Company Balance Sheet as of September 30, 2017 Assets: Liabilities and Equity: Cash and marketable securities $4,290 Accounts payable $3,710 Investment securities 380 Accrued and other liabilities 6,800 Accounts receivable 3,320 Taxes payable 3,110 Inventory Deferred income taxes Prepaid expenses and other receivables Total current assets
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