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Business
Accounting
Net sales: Cost of goods sold Gross profit Operating expenses Not income 2025 $640,400 463.600 176,800 79,100 ORIOLE CORPORATION Condensed Income Statement 2024 $584,700 439.100 145,600 48,700 $ $97,700 $96,900 $ Increase or (Decrease) During 2025 Amount Percentage % % Je je * % %

Net sales: Cost of goods sold Gross profit Operating expenses Not income 2025 $640,400 463.600 176,800 79,100 ORIOLE CORPORATION Condensed Income Statement 2024 $584,700 439.100 145,600 48,700 $ $97,700 $96,900 $ Increase or (Decrease) During 2025 Amount Percentage % % Je je * % %

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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Please provide answer in text form with explanation computation for each steps clearly and correctly
Net sales Cost of goods sold Gross profit Operating expenses Net income 2025 $640,400 463.600 176,800 79,100 $97.700 ORIOLE CORPORATION Condensed Income Statement 2024 $584,700 439,100 145,600 48,700 $ $ 96,900 $ Increase or (Decrease) During 2025 Amount Percentage % % Je je % % %
Transcribed Image Text:Net sales Cost of goods sold Gross profit Operating expenses Net income 2025 $640,400 463.600 176,800 79,100 $97.700 ORIOLE CORPORATION Condensed Income Statement 2024 $584,700 439,100 145,600 48,700 $ $ 96,900 $ Increase or (Decrease) During 2025 Amount Percentage % % Je je % % %
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