Presented below are the components in Gates Company's income statement. Determine the missing amounts. Sales Revenue Cost
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Sales Revenue Cost of Goods Sold Gross Profit $30,000 Operating Expenses Net Income $10,800 $29,500 (a) 75,000 (b) $108,000 (c)? $70,000 $83,900 $79,600 39,500
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a Cost of goods sold 45000 75000 30000 Operating expenses 19200 30000 10800 Sales rev Gross p...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-1119305736
10th edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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