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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