Question: E3-15 (L06) (Missing Amounts) Presented below is financial information for two different companies. Instructions Compute the missing amounts. Alatorre Company Eduardo Company Sales revenue $90,000

E3-15 (L06) (Missing Amounts) Presented below is financial information for two different companies. Alatorre Company Eduardo Company Sales revenue $90,000 Sales returns and allowances (a)

Instructions Compute the missing amounts.

Alatorre Company Eduardo Company Sales revenue $90,000 Sales returns and allowances (a) Net sales 81,000 (d) $ 5,000 95,000 Cost of goods sold Gross profit Operating expenses Net income 56,000 (e) (b) 38,000 15,000 23,000 (c) 15,000

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