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For each company, calculate the missing income statement amount. Company Sales Revenue Cost of Goods Sold Gross Operating Net Income Profit Expenses Lennon $ 17,600 $ 7,800 $ 3,400 $ 4,400 Harrison 19,400 10,800 5,800 2,800 McCartney 12,600 8,800 3,800 1,400 Starr 15,600 5,800 9,800 6,400

For each company, calculate the missing income statement amount. Company Sales Revenue Cost of Goods Sold Gross Operating Net Income Profit Expenses Lennon $ 17,600 $ 7,800 $ 3,400 $ 4,400 Harrison 19,400 10,800 5,800 2,800 McCartney 12,600 8,800 3,800 1,400 Starr 15,600 5,800 9,800 6,400

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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For each company, calculate the missing income statement amount. Company Sales Revenue Cost of Goods Sold Gross Operating Net Income Profit Expenses Lennon $ 17,600 $ 7,800 $ 3,400 $ 4,400 Harrison 19,400 10,800 5,800 2,800 McCartney 12,600 8,800 3,800 1,400 Starr 15,600 5,800 9,800 6,400
Transcribed Image Text:For each company, calculate the missing income statement amount. Company Sales Revenue Cost of Goods Sold Gross Operating Net Income Profit Expenses Lennon $ 17,600 $ 7,800 $ 3,400 $ 4,400 Harrison 19,400 10,800 5,800 2,800 McCartney 12,600 8,800 3,800 1,400 Starr 15,600 5,800 9,800 6,400
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