The following financial information is presented for three different companies. Determine the missing amounts. I...
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The following financial information is presented for three different companies. Determine the missing amounts.
I got 19500 for (g) please explain why this was wrong.
The following financial information is presented for three different companies. Determine the missing amounts. Blossom Monty Corr Wholesalers Sales revenue $ 91.800 $ 102010 (e) $ 128,500 Sales returns and allowances 5600 i (a) 5,410 13,800 Net sales 86,200 96,600 114700 (0) Cost of goods sold 55,500 58500 i (f) 89400 i (0) Gross profit 30700 (b) 38,100 25,300 Operating expenses 17,700 18.600 Income from operations 13000 (c) 21200 (h) 6700 (k) Other expenses and losses 3,800 8,100 2300 i (0) Net income 9200 (d) 13,100 4,400
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