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Exercise 3-15 Presented below is financial information for two different companies. Compute the missing amounts Skysong Company Concord Company Sales revenue T (d) Sales returns

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Exercise 3-15 Presented below is financial information for two different companies. Compute the missing amounts Skysong Company Concord Company Sales revenue T (d) Sales returns and allowances 5,490 92,090 Net sales 94,750 (a) 88,350 51,730 (b) 15,560 Cost of goods sold (e) Gross profit Operating expenses Net income 39,780 22,110 17,670

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