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Indicate by check mark ("9") or "X" which accounts are found on the income statement and which accounts are found on the balance sheet.
Account Name
Income
Statement
Balance
Sheet
Allowance for Bad Debt
Bad Debt Expense
Prepaid Expense
Unearned Revenue
Revenue
a company recorded for the past year a sales of 500,000 and an operating incme of 40,000. What is the turnover needed to earn in order to achieve an ROI of 20%
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