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The followatig account information, in alphabetical order, was taken from the worksheet of Compu-Soft for the month ended November 30,2023 Required: Prepare a multiple-step income
The followatig account information, in alphabetical order, was taken from the worksheet of Compu-Soft for the month ended November 30,2023 Required: Prepare a multiple-step income statement for the month ended November 30, 2023. Analysis component Assume that for the month ended October 31,2023 , net sales were $33,000, cost of goods sold was $20,200, and income from operations was $8,400. Calculate the company's gross profit ratios for October and November. (Do nor round imtermediate calculations. Round your final answers to 2 decimal places.)
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