Precision Systems had sales of $820,000, cost of goods of $510,000, selling and administrative expense of $60,000,
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What was the value of depreciation expense? Set this problem up as a partial income statement, and determine depreciation expense as the plug figure.
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Precision Systems Sales 820000 Cost ...View the full answer
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Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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