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Compute income from operations

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Question - Assume Kader Company has the following reported amounts: Sales revenue $1,280,100, Sales returns and allowances $37,650, Cost of goods sold $828,300, and Operating expenses $276,100.

(a) Compute net sales.

(b) Compute gross profit.

(c) Compute income from operations.

(d) Compute the gross profit rate.

Reference no: EM132119046

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