he following financial information is presented for three different companies. Determine the missing amounts. Cullumber Cosmetics Riverbed Grocery Marin Wholesalers Sales revenue $90,500 $enter a dollar amount (e) $125,800 Sales returns and allowances enter a dollar amount (a) 5,810 12,600 Net sales 86,100 97,000 enter a dollar amount (i) Cost of goods sold 56,200 enter a dollar amount (f) enter a dollar amount (j) Gross profit enter a dollar amount (b) 40,800 25,100 Operating expenses 19,800 enter a dollar amount (g) 18,100 Income from operations enter a dollar amount (c) enter a dollar amount (h) enter a dollar amount (k) Other expenses and losses 3,300 7,400 enter a dollar amount (l) Net income enter a dollar amount (d) 11,600 4,100
The following financial information is presented for three different companies.
Determine the missing amounts.
Cullumber Cosmetics |
Riverbed Grocery |
Marin Wholesalers |
|||||||
Sales revenue |
$90,500 |
$enter a dollar amount |
(e) |
$125,800 |
|||||
Sales returns and allowances |
enter a dollar amount |
(a) |
5,810 |
12,600 |
|||||
Net sales |
86,100 |
97,000 |
enter a dollar amount |
(i) |
|||||
Cost of goods sold |
56,200 |
enter a dollar amount |
(f) |
enter a dollar amount |
(j) |
||||
Gross profit |
enter a dollar amount |
(b) |
40,800 |
25,100 |
|||||
Operating expenses |
19,800 |
enter a dollar amount |
(g) |
18,100 |
|||||
Income from operations |
enter a dollar amount |
(c) |
enter a dollar amount |
(h) |
enter a dollar amount |
(k) |
|||
Other expenses and losses |
3,300 |
7,400 |
enter a dollar amount |
(l) |
|||||
Net income |
enter a dollar amount |
(d) |
11,600 |
4,100 |
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 3 images