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The Following Income Statements Are Provided for Li Company's Last

Question 193

Multiple Choice

The following income statements are provided for Li Company's last two years of operation: The following income statements are provided for Li Company's last two years of operation: Assuming that cost behavior did not change over the two year period, what is the company's annual fixed general, selling, and administrative cost? A) $6,500 B) $6,000 C) $3,000 D) $2,500 Assuming that cost behavior did not change over the two year period, what is the company's annual fixed general, selling, and administrative cost?


A) $6,500
B) $6,000
C) $3,000
D) $2,500

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