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The Adjusted Trial Balance of McCoy Company Included the Following

Question 164

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The adjusted trial balance of McCoy Company included the following selected accounts: The adjusted trial balance of McCoy Company included the following selected accounts: Instructions 1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2014. 2. Calculate the profit margin and gross profit rate. Instructions
1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2014.
2. Calculate the profit margin and gross profit rate.

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