Coronado's Fashions sold merchandise for $36000 cash during the month of July. Returns that month...
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Coronado's Fashions sold merchandise for $36000 cash during the month of July. Returns that month totaled $1000. if the cormpany's gross profit rate is 40%, Coronado's will report monthly net sales revenue and cost of goods sold of $36000 and $21000 $35000 and $21000. $35000 and $21600 $36000 and $21600 During August, 2020, Vaghtris Supply Store generated net sales of $59900. The company's expenses were as follows:cost of goods sold of $36500 and operating expenses of $3700. The company alsohad rent revenue of $1000 and a loss on the sale of a delivery truck of $1900. Vaughn's gross proht for August, 2020 is $18800. $20500 $19700 $23400 During August, 2020, Coronado's Supply Store generated net sales of $59600. The company 5 expenses were as toliows: cost of gobds sold of $35600 and operating expenses of $4500. The company also had rent revenue of $1100 and a loss on the sale of a dellvery truck of $1600 Coronado's nonoperatingincome (loss) for the month of August, 2020 is $(1600). 31100 30 $(500) During August, 2020, Concord's Supply Store generated netsales of $60700. The company's expenses were as follows: cost of goods sold of $35100 and operating expenses of $4400. The company also had rent revenue of $1000 and a loss on the saie of a delivery truck of $1600. Concord's nonoperating income (loss) for the month of August, 2020 is 50 $400 $(600). $(1600) During August, 2020, Bramblo's Supply Store generated net stles of $61200. The company's expenses were as followsi cost of goods sold of $35000 and operating expenses of $3900. The compary also had rent revenue of $900 and a loss on the sale of a delivery truck of 51800 Bramble's operating income for the month of August, 2020 is $22300 $23200 $26200. $21400





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