For each company, calculate the missing income statement amount. Company Sales Revenue Cost of Goods Sold Gross Operating Net Income Profit Expenses Lennon $ 17,600 $ 7,800 $ 3,400 $ 4,400 Harrison 19,400 10,800 5,800 2,800 McCartney 12,600 8,800 3,800 1,400 Starr 15,600 5,800 9,800 6,400
For each company, calculate the missing income statement amount. Company Sales Revenue Cost of Goods Sold Gross Operating Net Income Profit Expenses Lennon $ 17,600 $ 7,800 $ 3,400 $ 4,400 Harrison 19,400 10,800 5,800 2,800 McCartney 12,600 8,800 3,800 1,400 Starr 15,600 5,800 9,800 6,400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:For each company, calculate the missing income statement amount.
Company
Sales
Revenue
Cost of Goods
Sold
Gross
Operating
Net Income
Profit
Expenses
Lennon
$
17,600
$
7,800 $
3,400
$
4,400
Harrison
19,400
10,800
5,800
2,800
McCartney
12,600
8,800
3,800
1,400
Starr
15,600
5,800
9,800
6,400
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