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Prepare Statements for a Service Company

The following data are available for InterGalactic Strategic Consultants for the year just ended:

Gross margin

$16,200,000

Operating profit

6,100,000

Revenues

34,000,000

Find the following by completing a cost of goods sold statement.

a. Marketing and administrative costs.

b. Cost of services sold.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91082687
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