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Question: Prepare a one-page report analyzing HEMIs financial information against Wajax Corporation. Heavy Equipment and Machinery Inc. Statement of Income For Year-ended December 30 2019

Question: Prepare a one-page report analyzing HEMIs financial information against Wajax Corporation.

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Heavy Equipment and Machinery Inc. Statement of Income For Year-ended December 30 2019 Revenues Cost of sales Gross profit 799 096 Selling and administrative expenses Earnings before finance costs and income taxes Finance costs Earnings before income taxes Income tax expense Net income 6,131,904 25

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