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BE5.1 (LO 1) AP The components in the income statements of companies A, B, C, and D follow. Determine the missing amounts. Sales Cost of
BE5.1 (LO 1) AP The components in the income statements of companies A, B, C, and D follow. Determine the missing amounts.
Sales
Cost of Goods Sold
Gross Profit
Operating Expenses
Profit/ (Loss)
Company A $350,000
$ (a)
$122,500
$105,000
$ (b)
Company B 735,000
367,500
(c)
(d)
73,500
Company C 525,000
315,000
(e)
115,500
(f)
Company D (g)
346,500
148,500
188,100
(h)
Calculate missing amounts in determining cost of goods sold.
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