Use your knowledge of income statements and common-size statements to fill in the missing dollar amounts. Sales
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Sales Cost of goods sold Gross profit General and administrative expense Selling and marketing expense Depreciation Operating income Interest Income before taxes Income taxes (25%) Net income $2,876,200 100.0% 74.7% 25.3% 8.7% 4.9% 3.890 8.0% 4.6% 3.4% 0.8% 2.5% $250,000 $140.000 $229,000 $97.000 $24,250
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Sales 2876200 1000 Cost of goods sold 2147200 747 Gross prof...View the full answer
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Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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