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Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Case A Case B
Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases.
Case A Case B Case C Case D Case E Sales revenue $ 940 $ 810 $ 580 $720 Cost of goods sold 515 320 620 400 Gross margin 425 380 Selling expense 115 90 360 210 Administrative expense 105 95 100 110 Pretax income 210 230 180 Income tax expense 45 50 70 40 Net income 125 70 20
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