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  3. profitability and the income statement presented b

Profitability and the Income statement Presented below is income statement data for Longo & Company...

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Accounting

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Profitability and the Income statement Presented below is income statement data for Longo & Company as of year-end 201 Income Tax Expense $5.400 Cost of Goods sold 14,300 Other Expenses Net Revenue operating Expenses 27.000 Required Prepare a multi-step income statement for 2016. Do not use negative signs with your answers. LONGO & CoMPANY Income statement 2016 Sales Revenue Gross Profit on Sales Income before Income Taxes Net Income

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