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8) Presented here are components in Bradley Companys income statement for 2016 and 2017. Determine the missing amounts: Sales Cost of Gross Operating Net Revenue
8) Presented here are components in Bradley Companys income statement for 2016 and 2017.
Determine the missing amounts:
| Sales | Cost of | Gross | Operating | Net |
Revenue | Goods Sold | _Profit | Expenses | Income | |
FY 2016 | $75,000 | (a) | $34,000 | (b) | $16,500 |
FY 2017 | (c) | $85,000 | $53,500 | $48,000 | (d) |
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