Question: Exercise 5-14 Financial information is presented below for three different companies, Determine the missing amounts. Blossom Cosmetics Ayayai Grocery Kingbird Wholesalers Sales revenue $90,100 (e)
Exercise 5-14 Financial information is presented below for three different companies, Determine the missing amounts. Blossom Cosmetics Ayayai Grocery Kingbird Wholesalers Sales revenue $90,100 (e) $125,100 $ Sales returns and allowances 5,010 12,100 Net sales 85,100 95,100 (1) Cost of goods sold 55,100 (f) 0) Gross profit (b) 38,100 25,100 15,100 Operating expenses (9) 18,100 Income from operations (h) (k) 3,100 Other expenses and losses 7,100 (1) Net Income (d) 11,100 4,100 Click if you would like to Show Work for this question: Open Show Work
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