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