Question: Financial information is presented below for two different companies. Determine the missing amounts. Gower Drugs Martini Food and Liquor Sales revenue $90,000 (e) $ 3,000
Financial information is presented below for two different companies. Determine the missing amounts. Gower Drugs Martini Food and Liquor Sales revenue $90,000 (e) $ 3,000 Sales returns and allowances (a) Net sales Cost of goods sold 95,000 86,000 56,000 (f) Gross profit (b) 36,000 Operating expenses 22,000 Income from operations (c) (h) Other expenses and losses 4,000 7.000 11,000 Net income (d)
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