For each of the following cases, fill in the blank with the appropriate dollar amount. Sara's Coffee Shop Net sales Cost of goods sold Gross profit Selling expenses General and administrative expenses Total operating expenses Net income $42,800 8,600 3,700 1,800 $3,100 Amy's Deli 30,400 46,600 7,500 22,900 $23,700 Jane's Bagels $94,200 0:00 10,800 19,300 $27,800

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Subject :- Account 

Missing Income Statement Amounts
For each of the following cases, fill in the blank with the appropriate dollar amount.
Sara's Coffee Shop
Net sales
Cost of goods sold
Gross profit
Selling expenses
General and administrative expenses
Total operating expenses
Net income
$42,800
8,600
3,700
1,800
7₁
$3,100
Amy's Deli
30,400
46,600
7,500
22,900
$23,700
Jane's Bagels
$94,200
0:00
10,800
19,300
$27,800
Transcribed Image Text:Missing Income Statement Amounts For each of the following cases, fill in the blank with the appropriate dollar amount. Sara's Coffee Shop Net sales Cost of goods sold Gross profit Selling expenses General and administrative expenses Total operating expenses Net income $42,800 8,600 3,700 1,800 7₁ $3,100 Amy's Deli 30,400 46,600 7,500 22,900 $23,700 Jane's Bagels $94,200 0:00 10,800 19,300 $27,800
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