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2 Cost of Goode Sold Company Sutherland Cronen Net Sales $100,000 125.000 Beginning Laventory $20,000 28.000 in Net Purchase 559,000 Ending laventory $16,000 45,000 20.000

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2 Cost of Goode Sold Company Sutherland Cronen Net Sales $100,000 125.000 Beginning Laventory $20,000 28.000 in Net Purchase 559,000 Ending laventory $16,000 45,000 20.000 Gross Profit (6) $2,000 16,000 (h) Id) 60,000 33.000 Scot 88.000 53,000 29,000 7,000 a. Fill in the missing amounts: b. Calculate gross profit and inventoried turnover for each company. e. Which company appears to be most profitable

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