Question: ton (a) Determine the missing amounts. (b) Determine the gross profit rates. (Round to one decimal place.) ES-14 Financial information is presented below for three
ton (a) Determine the missing amounts. (b) Determine the gross profit rates. (Round to one decimal place.) ES-14 Financial information is presented below for three different companies. Compute missing amor (LO 5) Allen Corr Bast Cosmetics Grocery Wholesalers Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Income from operations Other expenses and losses Net income $122,000 12,000 $90,000$(e) 5,000 95,000 86,000 56,000 G) 24,000 18,000 15,00038,000 7,000 11,000 4,000 5,000
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