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ACC - Compute the missing amounts

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Presented below is financial information for two different companies.;Compute the missing amounts.;Shabbona Company;Jenkins Company;Sales revenue;95,970;(d);Sales returns and allowances;(a);5,420;Net sales;88,660;90,810;Cost of goods sold;58,450;(e);Gross profit;(b);38,090;Operating expenses;15,530;26,170;Net income;(c);11,920

 

Paper#81520 | Written in 18-Jul-2015

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