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Exercise 5-14 Financial information is presented below for three different companies Determine the missing amounts Crane Novak Corr Wholesalers Sales revenue Sales returns and allowances

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Exercise 5-14 Financial information is presented below for three different companies Determine the missing amounts Crane Novak Corr Wholesalers Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Income from operations Other expenses and losses Net income $96,100 $129,400 6,010 13,300 87,000 97,300 55,700 39,700 25,100 18,100 18,200 4,100 8,100 11,100 4,400

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