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The following balance sheet and income statement should be used: [Question] Thatcher, Inc. 2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation

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The following balance sheet and income statement should be used: [Question] Thatcher, Inc. 2009 Income Statement Net Sales Less: Cost of Goods Sold Less: Depreciation Earnings Before Interest and Taxes Less: Interest Paid Taxable Income Less: Taxes Net Income Dividends $38,900 31,400 2.600 4,900 1.800 $3,100 1.150 $1.950 $390 $1,560 Additions to retained earnings Cash Accounts rec Inventory Total Net fixed assets Total assets (Question) Thatcher, Inc. 2009 Balance Sheet $3,160 Accounts Payable 4.160 Long-term debt 6.480 Common stock $13.800 Retained earnings 29.400 $43,200 Total Habilities & equity $8,120 21.200 7,500 6.380 $43.200 Thatcher, Inc. is currently operating at 69% of capacity What is the full capacity level of sales? Thatcher, Inc. is currently operating at 69% of capacity. What is the full-capacity level of sales? Multiple Choice $52,493.82 $55,418.07 O $51,376 81 550.959.00 $56,376 81

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