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Financial information is presented below for two different companies. Additional Exercise 214 Financial...

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Accounting

Financial information is presented below for two different companies.

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Additional Exercise 214 Financial information is presented below for two different companies. Gower Drugs Martini Food and Liquor $90,000 (e) $ Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Income from operations Other expenses and losses Net income 3,000 86,000 95,000 56,000 36,000 22,000 (g) 4,000 7,000 11,000

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