Hall Company Statement of Comprehensive Income December 31, 2015 Gross sales 6,250,000 Sales returns and...
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Hall Company Statement of Comprehensive Income December 31, 2015 Gross sales 6,250,000 Sales returns and allowances 200.000 Net sales revenue 6,050,000 Cost of sales Gross income Other income Total income Expenses 735,000 Selling expenses Administrative expenses 800,000 Other expenses 50.000 Net income before tax Income tax expense Net income Required: Prepare a common-size statement of comprehensive income. 2.975.000 3,075,000 350.000 3,425,000 1.585.000 1.840,000 552.000 1.288.000
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