please do show all work 4. Using the following information, construct a Formal...
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Accounting
please do show all work
4. Using the following information, construct a Formal Income Statement for the "Aria Corporation". Use end of current year for date. Times Interest Earned Gross Profit Rate 20% (hint: this helps you figure out Sales along with COGS) Tax rate 30% COGS $1,600,000 Interest expense $ 50,000 General and Administrative expenses ????????? Sales ?????????? Gross Profit ?????????? EBIT ?????????? EBT ?????????? EAT
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