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Financial information follows for three different companies: Determine the missing amounts. Larkspur Footware Crane Cosmetics $238.000 Blue Grocery (e)s Sales $292,000 Sales returns and allowances

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Financial information follows for three different companies: Determine the missing amounts. Larkspur Footware Crane Cosmetics $238.000 Blue Grocery (e)s Sales $292,000 Sales returns and allowances (a) 25,000 20,000 Net sales 222.000 337,000 Cost of goods sold 105,000 Gross profit 195,000 165,000 Operating expenses 50,000 95,000 Profit from operations Other expenses 12.000 10.000 Profit 63.000 48,000

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