Presented below are the components in Waegelain Companys income statement. Determine the missing amounts. Cost of Goods

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Presented below are the components in Waegelain Company’s income statement. Determine the missing amounts.

Cost of Goods Sold Operating Gross Profit Net Sales Expenses ? Income (a) $75,000 (b) $108,000 $10,800 $30,000 $70,000 $

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 20, 2011 09:06 AM

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Presented below are the components in Waegelain Companys income statement. Determine the missing amounts. Cost of Goods

Question:

Cost of Goods Sold Operating Gross Profit Net Sales Expenses ? Income (a) $75,000 (b) $108,000 $10,800 $30,000 $70,000 $71,900 $29,500 $39,500 $79,600 (c)

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a Cost of goods sold 45000 75000 30000 Opera...View the full answer

Accounting Principles

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