Question: Referring to Exhibit 5.15, calculate the missing amounts (round to two decimal places). Analysis Component: Company A and Company B are in similar industries. Comment

Referring to Exhibit 5.15, calculate the missing amounts (round to two decimal places).

Analysis Component:
Company A and Company B are in similar industries. Comment on their comparative performances.

Company A 2014 Company B 2013 45,000 2013 2014 Salesns $256,000 180,000? 500 Sales discounts.. Sales returns and allowances Net sales 2,560 1,100 5,500 16,000 163,000 42,000 Cost of goods sold153,600 51,000 57,000 48,400 Gross profit from sales 20,000 17,920 9,00 25,000 Administrative expenses25,600 9,000 29,700 46,000 00 Total operating expenses Net income (loss). 14,400 2,000 Gross profit ratio ,"+ + , , , ..

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