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Exercise 107 Fill in the appropriate blanks for each of the independent situations below. Company C $544,940 94,830 Company A Company B Sales revenue Beginning

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Exercise 107 Fill in the appropriate blanks for each of the independent situations below. Company C $544,940 94,830 Company A Company B Sales revenue Beginning inventory Net purchases Ending inventory Cost of goods sold Gross profit Operating expenses Income before taxes $343,540 50,790 191,490 50,360 254,970 106,250 65,830 4:3 i) 92,130 118,050 51,840 46,100 22,880

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