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bravata bravata
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7 years ago
Island Industries, Inc. reported Net Sales of $306,000, Cost of Goods Sold of $192,600, Operating Expenses of $58,900, and Income Tax Expense of 12,300. Island Industries' net income percentage was:
A) 37.06.
B) 13.79.
C) 62.94.
D) 17.81.
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Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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