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Question - A company's net sales is $120,000; cost of goods sold is $37,000; selling expenses are $25,000; administrative expenses are $29,000; and interest income is $3,000. How much is net income from operations?
a. $29,000
b. $123,000
c. $32,000
d. $83,000
prepare the proper adjusting journal entries for the abc company. assume all entries are made at year end december 31
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Compute the amount of dividend to be received by the common and preferred stockholders in 2014 if the company declared a dividend of (a) $16,000, (b) $24,000, and (c) $60,000.
Condensed financial data of Odgers Inc. follow.
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