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The Bryan Company reported the following income for 2012: What is the Company's net Margin? Sales $30,000 Cost of goods sold 12000 Gross margin $
The Bryan Company reported the following income for 2012:
What is the Company's net Margin?
Sales $30,000 Cost of goods sold 12000 Gross margin $ 18,000 Selling and administrative expense 10,000 Operating income $ 8,000 Interest expense 2,000 Income before taxes $ 6,000 Income tax expense 2,000 Net income $ 4,000Step by Step Solution
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