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View Policies Current Attempt in Progress Income statement information is presented here for two companies: (a) Calculate the missing amounts. Swifty Lte Blue Spruce Ltd.
View Policies Current Attempt in Progress Income statement information is presented here for two companies: (a) Calculate the missing amounts. Swifty Lte Blue Spruce Ltd. $98,200 $ Sales Sales returns and allowances 5,300 Net sales 89,200 98,700 Cost of goods sold 59,000 Gross profit 39,200 Operating expenses 19,400 18,300 Income from operations Other revenues Other expenses 0 820 0 2,200 Income before income tax Income tax expense 2.000 11.700 Net income
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