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The following information pertains to Coyote Company for the year. All amounts in millions. (Click the icon to view the information.) Determine the cost of
The following information pertains to Coyote Company for the year. All amounts in millions. (Click the icon to view the information.) Determine the cost of goods sold and gross profit for the year by preparing a partial income statement. Data Table Coyote Company Income Statement (Partial) Year Ended December 31, 20XX (in millions) Finished Goods Inventory 62 Beg. Bal. Cost of Goods Manufactured 248 ??? Cost of Goods Sold Bal. 45 Sales Revenue 332 Bal. Cost of Goods Sold Gross Profit Print Done
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