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4 32 39 Allen Cosmetics E5.14 (LO 5), AN The following financial information is presented for three different companies. Bast Grocery Corr Wholesalers Sales revenue
4 32 39 Allen Cosmetics E5.14 (LO 5), AN The following financial information is presented for three different companies. Bast Grocery Corr Wholesalers Sales revenue Sales returns and allowances $90,000 (a) $ (e) $122,000 5,000 12,000 Net sales 86,000 95,000 (i) Cost of goods sold 56,000 (f) (i) Gross profit (b) 38,000 24,000 Operating expenses 15,000 (g) 18,000 Income from operations (c) (h) (k) Other expenses and losses 4.000 7,000 (1) Net income (d) 11,000 5,000 Instructions Determine the missing amounts
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