Question: (a) Fill in the missing amounts. Assume that there are no nonoperating activites. Carla Vista Company Flint Company Sales revenue $96,600 $ 108810 Sales returns

(a) Fill in the missing amounts. Assume that there are no nonoperating activites. Carla Vista Company Flint Company Sales revenue $96,600 $ 108810 Sales returns and allowances $ 9600 (a) $6,410 Net sales 87,000 102,400 Cost of goods sold 49,590 53760 (e) Gross profit 37410 (b) 48,640 Operating expenses 15,910 31540 (f) Net income 21500 (c) 17,100 (b) Calculate the gross profit rate for each company. (Round answer to 1 decimal place, e.g. 25.2%.) Carla Vista Company Flint Company Gross profit rate % __ % __

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