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

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Exercise 5-7 (Part Level Submission) Financial information for two companies are presented below. v (a) Fill in the missing amounts. Carla Vista Company Wildhorse Company $90,000 Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income 6,000 134,000 83,800 55,400 42,000 14,620 14,000

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