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(Solved): PRACTICAL PROBLEMS PROBLEM 1 (10 points) Instructions (a) Calculate the net sales ( 2 points) (b) P ...
PRACTICAL PROBLEMS PROBLEM 1 (10 points) Instructions (a) Calculate the net sales ( 2 points) (b) Prepare an income statement (6 points) (c) Compute the gross profit rate ( 2 points) Please show all workings.