Question 3: (4 marks) The data is extracted from the books of Mystery Mountain Lodge...
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Question 3: (4 marks) The data is extracted from the books of Mystery Mountain Lodge at December 31, 2001: Sales ? Cost of Goods Sold 181.25 % of Gross profit Gross Profit ? Operational Expenses ? Operational Income 10,000 Interest Expense 2 Income before Income Tax ? Income Tax (35%) 1,750 Income Inventory (20% of Gross profit) 32,000 Required: i. Calculate the missing values. Using the statement of eamings, prepare a vertical common size analysis, and comment
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