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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Exercise 9.
On 2'314 December 31, Lidowski Company, the amounting records showed: Net sales 51055000
Gross Erofit §57‘ODO
Net Income §21‘ODO
Income tax ex ense 9 000 SellingI generaiI end edmlnlsorltive “arises $61500 Compute Company's cost of goods sold, Income from operations, Income
before taxes, and Interest expense. Net Sales $105.00
Cost of Goods Sold
Gross Profit Sellingl general, and administrative exgnses
Income From Ogratlons Interest Exgnse
Income Before Taxes Inoome Taxes
Net Income Required: Calcuiate cost of goods sold. income from operations. inoorne before
taxes. and Interest expense.
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