INTERMEDIATE ACCOUNTING (LCPO)
10th Edition
ISBN: 9781264473441
Author: SPICELAND
Publisher: MCG
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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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