Question: Eurcise 5.11 Calculating income statement components LO1, 5 Kecring to Exhibit 5.15, calculate the missing amounts (round to two decimal places). Anabxis Component: Company A

5.15, calculate the missing amounts (round to two decimal places). Anabxis Component:

Eurcise 5.11 Calculating income statement components LO1, 5 Kecring to Exhibit 5.15, calculate the missing amounts (round to two decimal places). Anabxis Component: Company A and Company B are in similar industries. Comment on their compantive performances. Identify the different components of these financial statements. A- An example of a permanent account is : a) Withdrawal b) Revenues c) Sales expenses d) Merchandise inventory

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