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E6-16 (Static) Inferring Missing Amounts Based on Income Statement Relationships [LO 6-6] Supply the missing dollar amounts for the income statement of Williamson Company for
E6-16 (Static) Inferring Missing Amounts Based on Income Statement Relationships [LO 6-6]
Supply the missing dollar amounts for the income statement of Williamson Company for each of the following independent cases:
Case A | Case B | Case C | |
sales revenue, gross | 8000 | 6000 | |
sales return and allowances | 150 | 275 | |
net sales | 5920 | ||
cost of goods sold | 5750 | 4050 | 5400 |
gross profit | 1450 |
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