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Author Question: Gross profit on a pro-forma income statement is calculated as (Read 47 times)

Apple716

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on: Feb 5, 2023

Question 1

To prepare a pro-forma income statement, information is pulled from
◦ the trial balance.
◦ the general ledger.
◦ components of the master budget.
◦ None of these answer choices are correct.

Question 2

Gross profit on a pro-forma income statement is calculated as
◦ budgeted sales revenue minus product cost and period cost.
◦ budgeted sales revenue minus contribution margin.
◦ budgeted sales revenue minus budgeted cost of goods sold.
◦ None of these answer choices are correct.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Apple716 on Feb 5, 2023

kyledifference

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Apple716

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

Mochi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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