Complete the following data taken from the condensed income statements for merchandising Companies A, B, and C.     Condensed Income Statement     Company A Company B Company C Operating income $315 $fill in the blank 1 $215 Sales fill in the blank 2 865 560 Gross profit 430 fill in the blank 3 325 Operating expenses fill in the blank 4 125 fill in the blank 5 Cost of merchandise sold 545 320 fill in the blank 6

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Complete the following data taken from the condensed income statements for merchandising Companies A, B, and C.

 

 
Condensed Income Statement
 
  Company A Company B Company C
Operating income $315 $fill in the blank 1 $215
Sales fill in the blank 2 865 560
Gross profit 430 fill in the blank 3 325
Operating expenses fill in the blank 4 125 fill in the blank 5
Cost of merchandise sold 545 320 fill in the blank 6
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