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Business, 11.10.2019 00:30 something69

The following income statements were drawn from the annual report of the western sales company. year 2 year 1 sales 40,000 40,000 cost of goods sold (25,000 ) (25,000 ) gross margin 15,000 15,000 operating expenses (7,000 ) (9,000 ) operating income 8,000 6,000 gain on the sale of land 0 5,000 net income 8,000 11,000 if the trends continue, investors can expect the company's net income for year 3

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The following income statements were drawn from the annual report of the western sales company. year...
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