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How many percent was the increase in net income compared to previous year

How many percent was the increase in net income compared to previous year

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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How many percent was the increase in net income compared to previous year? How much cash does the company have at the end of year 2020? Did the company purchase additional Property and Equipment in year 2020?
2020 1,500,000 800,000 700,000 12,000 15,000 80,000 593,000 2019 Gross Sales Cost of Sales Gross Profit Advertising Expense Rent Expense Salaries Expense 1,200,000 700,000 500,000 10,000 15,000 60,000 415,000 Net Income
Transcribed Image Text:2020 1,500,000 800,000 700,000 12,000 15,000 80,000 593,000 2019 Gross Sales Cost of Sales Gross Profit Advertising Expense Rent Expense Salaries Expense 1,200,000 700,000 500,000 10,000 15,000 60,000 415,000 Net Income
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