The following information relates to the Magna Company for the upcoming year, based on 402,000 units. Amount Per Unit Sales $ 10,452,000 $ 26.00 Cost of goods sold 6,432,000 16.00 Gross margin 4,020,000 10.00 Operating expenses 462,300 1.
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The assets section of a classified balance sheet usually includes the subgroups: Multiple Choice Current assets, liabilities, plant assets, and intangible assets. Current assets, long-term investments, plant assets, and equity.
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