Question 2--/1

View Policies

Current Attempt in Progress

Financial information follows for three different companies:

Determine the missing amounts.

Cullumber Cosmetics Bramble Grocery Marin Footware

Sales

$247,000

(e) $enter a dollar amount $287,000

Sales returns and allowances

(a) enter a dollar amount 25,000

20,000

Net sales

225,000

348,000

(i) enter a dollar amount

Cost of goods sold

108,000

(f) enter a dollar amount (j) enter a dollar amount

Gross profit

(b) enter a dollar amount 200,000

154,000

Operating expenses

46,000

(g) enter a dollar amount 95,000

Profit from operations

(c) enter a dollar amount (h) enter a dollar amount (k) enter a dollar amount

Other expenses

11,000

10,000

(l) enter a dollar amount

Profit

(d) enter a total profit amount 65,000

45,000