Solved: The following information is available for dixen, Accounting Basics

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The following information is available for dixen

1. The following information is available for Dixen Corporation for the year ended December 31, 2010: Cost of goods sold $205,000; Sales $450,000; Other revenues and gains $50,000; Operating expenses $75,000. Assuming a corporate tax rate of 30%, prepare an income statement for the company.

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Accounting Basics: The following information is available for dixen

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