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Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Note: Input all amounts as positive values. Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A S 990 $ 450 105 215 140 Case B Case C 860 $ 490 300 110 220 40 100 110 219 40 45 Case D 610 360 110 160 70 Case E 490 380 220 80 40 40

Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Note: Input all amounts as positive values. Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A S 990 $ 450 105 215 140 Case B Case C 860 $ 490 300 110 220 40 100 110 219 40 45 Case D 610 360 110 160 70 Case E 490 380 220 80 40 40

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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Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Note: Input all amounts as positive values. Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A Case B Case C S 990 $ 860 $ 490 300 450 105 215 140 110 220 40 100 110 40 45 Case D 610 360 110 160 70 Case E 490 380 220 80 40 40
Transcribed Image Text:Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Note: Input all amounts as positive values. Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A Case B Case C S 990 $ 860 $ 490 300 450 105 215 140 110 220 40 100 110 40 45 Case D 610 360 110 160 70 Case E 490 380 220 80 40 40
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