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Disadvantages of line organization

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Reference no: EM13656175

Disadvantages of line organization 

Reference no: EM13656175

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A manager has a simplified profit-and-loss statement : A manager has a simplified profit-and-loss statement that indicates that sales for the last quarter were $120,000, cost of goods sold was $35,000, and expenses were: salaries = $10,000, rent = $3,000, and supplies = $3,000. Calculate the net profit.
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