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The following information is available for Sheldon Leonard Company: Operating expenses 85,000 Cost of goods sold 200,000 Sales revenue 309,000. compute each of the following

The following information is available for Sheldon Leonard Company: Operating expenses 85,000 Cost of goods sold 200,000 Sales revenue 309,000.

compute each of the following

(a) Gross profit (b) Net income

The following information is available for Sheldon Leonard Company: Compute each of the following: (a) Gross profit Net income $

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