Question: Presented below is financial information for two different companies. Compute the missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods

Presented below is financial information for two different companies. Compute the missing

Presented below is financial information for two different companies. Compute the missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold Oriole Company $97,050 (a) 73,670 50,930 Waterway Company $ (d) 5,070 96,430 op (e) Gross profit (b) 38,330 Operating expenses 15,470 24,870 Net income (c) 13.460 eTextbook and Media

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