In the following table, there appear income statements for four hypothetical companies. Each income statement is missing
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Co. Z $2,250 1,800 1.350 $2,100 300 Co. W Co.x Co. Y Sales Cost of goods sold: Beginning inventory Plus: Purchases 300 975 225 225 850 300 1,200 300 900 Less: Ending inventory Cost of goods sold Gross margin Period expenses Net income (loss) 750 300 400 150 ?S150 S (50)
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Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
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