Question: Exercise 5-14 Financial information is presented below for three different companies. Determine the missing amounts. Ivanhoe Cosmetics Sarasota Grocery Metlock Wholesalers Sales revenue $93,500 $129,800

Exercise 5-14 Financial information is presented below for three different companies. Determine the missing amounts. Ivanhoe Cosmetics Sarasota Grocery Metlock Wholesalers Sales revenue $93,500 $129,800 (a) 5,110 12,800 Sales returns and allowances Net sales 87,600 96,900 0 Cost of goods sold 55,500 6) Gross profit (b) 40,600 26,100 Operating expenses 18,000 18,400 Income from operations (h) (k) 3,400 7,300 (1) Other expenses and losses Net income (d) 11,800 4,600 Click if you would like to Show Work for this question: Open Show Work
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