RyurmgExam12018.pdf parerns and t : e .. Using the marketng stX C file:///C/Usersna. EmgExam...
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RyurmgExam12018.pdf parerns and t : e .. Using the marketng stX C file:///C/Usersna. EmgExam 12018.pdf 2) Reliable Auto Parts has 5,000 shares of common stock outstanding. The company also has the following amounts in revenue and expense accounts. Sales revenue General and administrative expense Interest expense Depreciation expense Preferred stock dividends Selling expense Cost of goods sold $85,000 7,500 3,500 5,000 500 4000 50,000 Calculate (a) gross profits (b) operating profits. (c) net profits before taxes (d) net profits after taxes (assume a 40 pere (e) earnings available to connor (0) earnings per share
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