Presented below is financial information for two different companies (amounts in thousands). Instructions (a) Determine the miss
Question:
Presented below is financial information for two different companies (amounts in thousands).
Instructions
(a) Determine the miss amounts.
(b) Determine the gross profit rates. (Round to one decimal place.)
Transcribed Image Text:
Pavlov Novikov Company Sales Sales returns Net sales Cost of goods sold Gross profit Operating expenses Net income Company py:690.000 84.000 56.000 5.000 (a) руб 5.000 100.000 41.500 15.000
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a missing amount a Sales PY90000 Sales returns 6000 Net sales PY840...View the full answer
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Related Book For
Financial accounting
ISBN: 978-1118285909
IFRS Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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