Business, 26.12.2019 21:31 jordanrini

Sales revenue $6,800 cost of goods sold 4,700 gross margin 2,100 selling and administrative expenses 910 income from operations 1,190 other revenues and gains gain on sale of investments 80 income before tax 1,270 income tax expense 550 net income 720 cash dividends 260 income retained in business $460 additional information: during the year, $70 of common stock was issued in exchange for plant assets. no plant assets were sold in 2017. prepare a statement of cash flows using the indirect method.

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Sales revenue $6,800 cost of goods sold 4,700 gross margin 2,100 selling and administrative expenses...

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