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Exercise 5-7 (Part Level Submission) Financial information for two companies are presented below. (a) Fill in the missing amounts. Wildhorse Company Sandhill Company Sales revenue

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Exercise 5-7 (Part Level Submission) Financial information for two companies are presented below. (a) Fill in the missing amounts. Wildhorse Company Sandhill Company Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income $97,800 3,000 119,000 81,000 55,000 50,000 14,400 17,200

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