Question: Presented below is financial information for two different companies. Compute the missing amounts . Splish Company Blossom Company Sales revenue 84,990 enter a dollar amount
Presented below is financial information for two different companies.
Compute the missing amounts
. Splish Company Blossom Company Sales revenue 84,990 enter a dollar amount (d)
Sales returns and allowances enter a dollar amount (a) 4,500
Net sales 82,620 93,940
Cost of goods sold 52,640 enter a dollar amount (e)
Gross profit enter a dollar amount (b) 35,840
Operating expenses 15,490 21,460
Net income enter a total net income amount (c) 14,380
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