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SAGE HILL CORP. Income Statement For the Year Ended December 31, 2025 Sales Sales Revenue $756000 Less : Sales Returns and Allowances Sales Discounts Net
SAGE HILL CORP. Income Statement For the Year Ended December 31, 2025 Sales Sales Revenue $756000 Less : Sales Returns and Allowances Sales Discounts Net Sales gross profit $10400 Net Sales gross profit Other Revenues and Gains Net Income / (Loss) $255500 The following information is available for Sage Hill Corp. for the year ended December 31, 2025. Prepare a multiple-step income statement for Sage Hill Corp. The company has a tax rate of 25%
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