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Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click the icon to view the Income Statements) Fit Apparel

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Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click the icon to view the Income Statements) Fit Apparel Snyder Corp S 102,000 $ 29,000 51,000 Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses 90,000 (1.800) (1.800) 64,000 38,000 116.000 87.000 10,000 Operating Income Enter any number in the edit fields and then continue to the next

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