Use the following information (in random order) from a merchandising company and from a service company....

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Use the following information (in random order) from a merchandising company and from a service company. McNeil Merchandising Company Accumulated depreciation Beginning inventory Ending inventory Expenses Net purchases Net sales Krug Service Company $ 700 10,000 6,000 1,950 11,900 19,500 Expenses Revenues Cash Prepaid rent Accounts payable Equipment $ 8,400 24,000 650 660 200 2,200 a. Compute the goods available for sale, the cost of goods sold and gross profit for the merchandiser. Hint. Not all informa be necessary. b. Compute net income for each company. a. Goods available for sale a. Cost of goods sold a. Gross profit L -- Use the following information (in random order) from a merchandising company and from a service company. McNeil Merchandising Company Accumulated depreciation Beginning inventory Ending inventory Expenses Net purchases Net sales Krug Service Company $ 700 10,000 6,000 1,950 11,900 19,500 Expenses Revenues Cash Prepaid rent Accounts payable Equipment $ 8,400 24,000 650 660 200 2,200 a. Compute the goods available for sale, the cost of goods sold and gross profit for the merchandiser. Hint. Not all informa be necessary. b. Compute net income for each company. a. Goods available for sale a. Cost of goods sold a. Gross profit L --