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Financial information follows for three different companies: Determine the missing amounts. Sheridan Cosmetics Skysong Footware Grouper Grocery (e) $ Sales $233,000 $291,000 Sales returns and

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Financial information follows for three different companies: Determine the missing amounts. Sheridan Cosmetics Skysong Footware Grouper Grocery (e) $ Sales $233,000 $291,000 Sales returns and allowances (a) 25,000 20,000 Net sales 211,000 350,000 Cost of goods sold 102,000 ( Gross profit 207.000 163,000 Operating expenses 46,000 (8) 95,000 Profit from operations (k) Other expenses 7,000 10,000 (0) Profit 69,000 50,000

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