Question: Your answer is partially correct. Presented below is financial information for two different companies. Determine the missing amounts. Cheyenne Company Metlock Company Sales revenue $188,000
Your answer is partially correct. Presented below is financial information for two different companies. Determine the missing amounts. Cheyenne Company Metlock Company Sales revenue $188,000 $ Sales discounts 2,800 3,300 Sales returns 5,800 Net sales 179,000 208,000 Cost of goods sold 109,190 Gross profit 85,280 Operating expenses 47,400 Income from operations 53,400 Other revenues (expenses) 4,800 Net income 50,600 eTextbook and Media
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