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- XYZ Corporation
- Income Statement
- Twelve Months ended December 31, 1994
- (Thousands of Dollars)
-
-
- Sales $ 2,000
- Cost of Sales 1,400
- Gross Profit 600
-
- Expenses
-
- Sales and Promotion 120
- Administrative 130
- Interest Expense 20
- Depreciation Expense 100
- Total Expenses 370
-
- Profit before Taxes 230
-
- Taxes 80
-
- Net Profit $ 150
-