need help with 42 -50

Presented below are two financial statements belonging to two companies. 6. MAY COMPANY REED COMPANY Sales Revenue $90,000 (d) Sales Returns (a) $5,000 $87,000 Net Sales Cost of goods sold $102,000 $56,000 (e) Gross Profit (b) $41,500 Operating Expenses $15,000 (f) Net Income (c) $15,000 42. Determine missing amount of: (a) 43. Determine the missing amount of: (b) 44. Determine the missing amount of: (0) 45. Determine the missing amount of: (d) 46. Determine the missing amount of: (e). 47. Determine the missing amount of: (f) 48. T, F. The primary purpose of financial accounting is the preparation and presentation of four financial statements to the public who need the information 49T, F. The primary purpose of Managerial accounting is to prepare and present to all users of accounting information that are within an organization whether for profit or not. 50.T.F. Gross Profit or Margin is the difference between Net Sales and Cost of goods sold