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The following is a common -sized Income Statement for Sydney and Caesar Companies (in thousands) Sydney % Caesar 90 Net Sales Cost of Goods Sold
The following is a common -sized Income Statement for Sydney and Caesar Companies (in thousands) Sydney % Caesar 90 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Selling, General and Adm. Other Income Before Income Tax Income Tax Expense Net Income 100.0% 39.2% 15.3% 100.0% 4.6% 35.4% 15.4% 18.7% 7% 16.0% 224 % 1% 19.3% O A. Not enough information is given to assess the question. O B. Caesar Company O C. Sydney Company O D. Too close to make a solid determination
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