
EBK SOUTH-WESTERN FEDERAL TAXATION 2019
42nd Edition
ISBN: 9781337671927
Author: Raabe
Publisher: Cengage Learning
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Dodge Enterprises has net sales of $920,000, cost of goods sold of $480,000, and total operating expenses of $275,000 for the fiscal year ended December 31, 2024. 1. What was the gross profit on sales? 2. What was the net income from operations?
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