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Friday, October 9, 2015

Presented here are the components in Korinek Company’s income statement

ACC 290 Week 5 Assignment

BE5-1 Presented here are the components in Korinek Company’s income statement. Determine the missing amounts.

Sales Cost of Gross Operating Net
Revenue Goods Sold Profit Expenses Income
$ 71,200 (b) $ 30,000 (d) $12,100
$108,000 $70,000 (c) (e) $29,500
(a) $71,900 $109,600 $46,200 (f )

Click here for the solution: Presented here are the components in Korinek Company’s income statement