Calculate the missing income statement items represented by ? in situations (a) to (e). (a) (c)...

 

Transcribed Image Text:

Calculate the missing income statement items represented by ? in situations (a) to (e). (a) (c) (d) $ 245,000 $ Sales Cost of Goods Soldi Gross Profit from Sales Operating Expenses Net Income 143,000 83,000 (b) 182,500 $ 2 84,000 (7,500) 72,000 43,000 ? (8,000) 308,000 ? 110,000 46,000 (e) 203,000 87,000 ? (17,000) Calculate the missing income statement items represented by ? in situations (a) to (e). (a) (c) (d) $ 245,000 $ Sales Cost of Goods Soldi Gross Profit from Sales Operating Expenses Net Income 143,000 83,000 (b) 182,500 $ 2 84,000 (7,500) 72,000 43,000 ? (8,000) 308,000 ? 110,000 46,000 (e) 203,000 87,000 ? (17,000)

Answer rating: 100% (QA)

a 245000143000 Cost of goods sold 102000 143000 83000 Net Income 60000 b 840... View the full answer