ANSWERS TO QUESTIONS
(b) Single-Step Form P. Bride Company Income Statement For the Year Ended December 31, 2007 (In thousands, except earnings per share) Revenues Net sales $ 96,500 Rental revenue 17,230 Total revenues 113,730 Expenses Cost of goods sold 60,570 Selling expenses 17,150 Administrative expenses 8,860 Interest expense 1,860 Total expenses 88,440 ... ................
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