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

(Missing Amounts) Presented below is financial information for two different companies.

Alatorre Company Eduardo Company Sales Sales returns $90,000 (d) (a) $ 5,000

Instructions Compute the missing amounts.

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

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