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Exercise 5-14 Financial information is presented below for three different companies. Determine the missing amounts. Pharoah Cosmetics Sheffield Grocery Shamrock Wholesalers Sales revenue $94,300 (e)
Exercise 5-14 Financial information is presented below for three different companies. Determine the missing amounts. Pharoah Cosmetics Sheffield Grocery Shamrock Wholesalers Sales revenue $94,300 (e) $131,500 $ Sales returns and allowances (a) 5,010 12,700 Net sales 86,700 95,900 (0) Cost of goods sold 56,800 (f) G) Gross profit (b) 41,000 25,600 Operating expenses 17,800 (9) 18,500 Income from operations (c) (h) (k) Other expenses and losses 3,800 7,100 (1) Net income (d) 12,700 4,800 Click if you would like to Show Work for this question: Open Show Work
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