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Question : Net income after tax (year1. 461,500) (yaer2. 458,250)
net income as a percentage of sales (yr.1 5%) (yr.2 4%) gross profit on sales (Yr.1. 3,220,000)

(Yr.2. 3,420,000 Income tax percentage (Yr.1, 30%) (Yr.2. 30%)

Accounting Basics, Accounting

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