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Make an income statement

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Reference no: EM132832947

Question -

A. Make an income statement from the following data ($000). Keep in mind the entries below are NOT in order...:

Cost of goods sold 450

Interest expense 30

Depreciation expense 120

Net sales 990

Interest income 80

Income tax expense 70

Advertising expense 100

General and administrative expenses 150

B. What is the resulting Net Income?

Reference no: EM132832947

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