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View Policies Current Attempt in Progress Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as
View Policies Current Attempt in Progress Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings Duke Company 2020 2019 $1,908,000 999.792 257.580 7,632 55,332 327,500 $314,800 520,800 498,500 64,800 75,000 108,000 89,400 504,500 504,500 171,000 144.400 Lord Company 2020 2019 $561,000 296,769 78,540 4,488 6,171 82,900 $78,300 138,300 123,300 36,400 31,800 30,200 24,600 124,000 124,000 30,600 21,200 Condensed Income Statement Duke Company Lord Company Dollars Percent Dollars Percen % 96 % % % % 96 % % e Textbook and Media Condensed Income Statement Duke Company Dollars Percent Dollars $ 96 96 96 96 % 96 96 eTextbook and Media
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