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With the following information how would i create an income statement showing gross profit and net income Sales were $1,375,000.00 Administrative and sales expenses $225,000.00
With the following information how would i create an income statement showing gross profit and net income
- Sales were $1,375,000.00
- Administrative and sales expenses $225,000.00
- Interest on debt is $97,000.00
- Tax paid at 30%
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