Question: The following data are provided for two separate companies for the year ended December 3 1 . One is a manufacturer and the other is

The following data are provided for two separate companies for the year ended December 31. One is a manufacturer and the other is a merchandiser.
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Prepare an income statement for the manufacturer.
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Required 1
Required 2
Prepare an income statement for the merchandiser.
The following data are provided for two separate

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