ACC 400 Week 1 Assignment from the Textbook( BE16.9, E16.1, E16.2, E16.3, E16.6)
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Gross Profit on Sales $ 125,000 $ 250,000
Operating expenses($ 10,000 of it is fixed) $ 35,000 $ 60,000
Operating Income $ 90,000 $ 190,000
Income Taxes( 30 % of operating income) $ 27,000 $ 57,000
Net Income ==============================================
ACC 400 Week 1 Assignment from the Textbook( BE16.9, E16.1, E16.2, E16.3, E16.6)
For more course tutorials visit