Business, 13.09.2021 20:50 guzmangisselle

Salon Cuts is a retail chain specializing in salon-quality hair-care products. During the year, Salon Cuts had sales of $39,235,000. The company began the year with $2,985,000 of merchandise inventory and ended the year with $3,785,000 of inventory. During the year, Salon Cuts purchased $23,010,000 of merchandise inventory. The company's selling, general, and administrative expenses totaled $5,775,000 for the year. Prepare income statement for the year.

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Salon Cuts is a retail chain specializing in salon-quality hair-care products. During the year, Sa...

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