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Use the income statement below to find the financial ratios for (a) cost of goods sold, (b) gross profit, (c) operating expense, and (d) net income before taxes.

Income Statement

Net Sales                          $683,000

Cost of goods sold           190,000

Gross Profit                       ______

Operating Expenses         300,000

Net income before taxes $______

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91341329

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