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Sales revenue Sunland Company $84,000 (d) $ Sales returns and allowances (a) 6200 Net sales Cost of goods sold Gross profit Operating expenses Net
Sales revenue Sunland Company $84,000 (d) $ Sales returns and allowances (a) 6200 Net sales Cost of goods sold Gross profit Operating expenses Net income Cheyenne Company 104400 4,400 77,800 100,000 54,460 (e) 66000 i (b) 23340 34,000 11,670 (f) 18000 i (c) 11670 16,000
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
