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Business & Finance Assignment | Custom Assignment Help

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December 6th, 2019

(1) Prepare a multiple-step income statement for the year ended December 31, 2014. (30 points)

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(2) Compute the gross margin percentage and net profit margin ratio. Delta Company’s assets at the beginning of the year were $800,000, and the total assets were $1,000,000 at the end of the year. To qualify for full credit, you must state the formula you are using, show your computations, and explain your findings. (6 points) (Points : 36)

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