Question: All applicable Problems are available in Connect. Calculate operating income and net income The following information is Problem 9.19 available from the accounting records of

All applicable Problems are available in Connect. Calculate operating income and net income The following information is Problem 9.19 available from the accounting records of Manahan Co. for the year ended December Lo s 31, 2016: Net cash provided by financing activities $168,000 Dividends paid. 27.000 Loss from discontinued operations, net of tax savings of $70,000 155,000 Income tax expense 39,000 other selling expenses. 20,000 Net sales 966,000 Advertising expense 67,000 Accounts receivable 186.000 Cost of goods sold 552,000 General and administrative expenses 214.000
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