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Financial information follows for three different companies: Determine the missing amounts. Carla Vista Cosmetics Martinez Grocery Tamarisk Footware Sales $231,000 (e) $enter a dollar amount
Financial information follows for three different companies:
Determine the missing amounts.
Carla Vista Cosmetics | Martinez Grocery | Tamarisk Footware | ||||
---|---|---|---|---|---|---|
Sales | $231,000 | (e) $enter a dollar amount | $291,000 | |||
Sales returns and allowances | (a) enter a dollar amount | 25,000 | 20,000 | |||
Net sales | 214,000 | 353,000 | (i) enter a dollar amount | |||
Cost of goods sold | 102,000 | (f) enter a dollar amount | (j) enter a dollar amount | |||
Gross profit | (b) enter a dollar amount | 204,000 | 160,000 | |||
Operating expenses | 47,000 | (g) enter a dollar amount | 95,000 | |||
Profit from operations | (c) enter a dollar amount | (h) enter a dollar amount | (k) enter a dollar amount | |||
Other expenses | 9,000 | 10,000 | (l) enter a dollar amount | |||
Profit | (d) enter a total profit amount | 64,000 | 48,000 |
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