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The revenue is $10,000, the cost of goods sold is $2,000, the selling, general and administrative expenses are $4,000, addition to retained earnings are $2,000,
The revenue is $10,000, the cost of goods sold is $2,000, the selling, general and administrative expenses are $4,000, addition to retained earnings are $2,000, and depreciation is $1,000.
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EBIT Earnings Before Interest and Taxes can be calculated using the following form...
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
