Question: Exercise 5-7 Financial information for two companies are presented below. Fill in the missing amounts. Sandhill Company Carla Vista Company $90,200 Sales revenue Sales returns

in the missing amounts. Sandhill Company Carla Vista Company $90,200 Sales revenue

Exercise 5-7 Financial information for two companies are presented below. Fill in the missing amounts. Sandhill Company Carla Vista Company $90,200 Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income $3,000 83,800 130,000 56,000 48,000 14,760 16,400

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