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What Are the Correct Amounts Missing from the Condensed Income

Question 201

Multiple Choice

What are the correct amounts missing from the condensed income statement of Batavia, Inc. ? What are the correct amounts missing from the condensed income statement of Batavia, Inc. ? ? A) Net income: $545,000; Gross profit: $740,000 B) Net income: $545,000; Gross profit: $545,000 C) Net income: $420,000; Gross profit: $740,000 D) Net income: $420,000; Gross profit: $545,000 ?


A) Net income: $545,000; Gross profit: $740,000
B) Net income: $545,000; Gross profit: $545,000
C) Net income: $420,000; Gross profit: $740,000
D) Net income: $420,000; Gross profit: $545,000

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