13.) Newark Company has provided the following information: Ac€?c Cash sales, $510,000 Ac€?c Cre
13.) Newark Company has provided the following information: Ac€?c Cash sales, $510,000 Ac€?c Credit sales, $1,410,000 Ac€?c Selling and administrative expenses, $390,000 Ac€?c Sales returns and allowances, $96,000 Ac€?c Gross profit, $1,420,000 Ac€?c Increase in accounts receivable, $61,000 Ac€?c Bad debt expense, $39,000 Ac€?c Sales discounts, $49,000 Ac€?c Net income, $1,030,000 How much are Newark's […]