The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000 Calculate sales when profit is OMR 100000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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The sales and profit for two years are as below:
Sales Profit
2019 60000 17000
2020 90000 32000
Calculate sales when profit is OMR 100000
Transcribed Image Text:The sales and profit for two years are as below: Sales Profit 2019 60000 17000 2020 90000 32000 Calculate sales when profit is OMR 100000
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