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The table below contains portions of the income statements of four different companies: 4 1. 200,000 240,000 Net Sales 100,000 12,000 30,000 Beginning Inventory Net Cost of Purchases 15,000 55,000 125,000 95,000 145,000 Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit a 10,000 25,000 k 1. 40,000 90,000 by 85,000 130,000 Reguired: Renlace the lettered blanks with the appropriate amounts.

The table below contains portions of the income statements of four different companies: 4 1. 200,000 240,000 Net Sales 100,000 12,000 30,000 Beginning Inventory Net Cost of Purchases 15,000 55,000 125,000 95,000 145,000 Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit a 10,000 25,000 k 1. 40,000 90,000 by 85,000 130,000 Reguired: Renlace the lettered blanks with the appropriate amounts.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The table below contains portions of the income statements of four different companies: 1 2 3. d 200,000 240,000 100,000 15,000 Net Sales 12,000 30,000 Beginning Inventory Net Cost of Purchases 125,000 145,000 e 95,000 55,000 f Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit a k 25,000 40,000 10,000 1. b. 90,000 85,000 130,000 Required: Replace the lettered blanks with the appropriate amounts.
Transcribed Image Text:The table below contains portions of the income statements of four different companies: 1 2 3. d 200,000 240,000 100,000 15,000 Net Sales 12,000 30,000 Beginning Inventory Net Cost of Purchases 125,000 145,000 e 95,000 55,000 f Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit a k 25,000 40,000 10,000 1. b. 90,000 85,000 130,000 Required: Replace the lettered blanks with the appropriate amounts.
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