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Exercise 5-9 Financial information follows for three different companies: Determine the missing amounts. Oriole Cosmetics Sheffield Grocery Sage Hill Footware Sales $246,000 $287,000 (e) $

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Exercise 5-9 Financial information follows for three different companies: Determine the missing amounts. Oriole Cosmetics Sheffield Grocery Sage Hill Footware Sales $246,000 $287,000 (e) $ Sales returns and allowances 25,000 (a) 20,000 Net sales 228,000 361,000 (i) Cost of goods sold 104,000 (f) 6) Gross profit 211,000 159,000 (b) Operating expenses 53,000 (g) 95,000 Profit from operations (c) (h) (k) Other expenses 9,000 10,000 (1) Profit 70,000 46,000 (d)

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