Question: Fill in the following missing income statement values. The cases are independent. Case A Case B 250,000 Sales COGS 200,000 150,000 60,000 60,000 Gross Profit

Fill in the following missing income statement values. The cases are

Fill in the following missing income statement values. The cases are independent. Case A Case B 250,000 Sales COGS 200,000 150,000 60,000 60,000 Gross Profit Operating Expenses Operating Income (EBIT) Interest Expense Income before Taxes (EBT) Tax Expense (40%) Net Income 10,000 80,000 92,000

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