Determining cost flows Through accounts C1 A1 Determine the missing amounts in each of these four separate situations a through d.

Supplies available prior year-end . . . . . . . . . . . $ 300 $1,600 $1,360 ?

Supplies purchased during the current year . . . . . 2,100 5,400 ? $6,000

Supplies available current year-end . . . . . . . . . .750 ? 1,840 800

Supplies expense for the current year . . . . . . . . . . . ? 1,300 9,600 6,575

Use the following information to compute profit margin for each separate company a through e.

Net Income Net Sales Net Income Net Sales

a. $ 5,390 $ 44,830 d. $55,234 $1,458,999 b. 87,644 398,954 e. 70,158 435,925 c. 93,385 257,082

Which of the five companies is the most profitable according to the profit margin ratio? Interpret that companys profit margin ratio.