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Exercise 5-14 Financial information is presented below for three different companies Determine the missing amounts Sandhill Ayayai Corr Wholesalers Sales revenue $96,900 (e) $126,000 Sales
Exercise 5-14 Financial information is presented below for three different companies Determine the missing amounts Sandhill Ayayai Corr Wholesalers Sales revenue $96,900 (e) $126,000 Sales returns and allowances (a) 5,510 13,100 Net sales (i) 88,100 97,800 Cost of goods sold (f) 56,000 Gross profit (b) 39,300 25,600 Operating expenses (g) 15,200 18,400 Income from operations (c) (h) (k) Other expenses and losses (I) 3,600 7,700 Net income (d) 11,800 4,900
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