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Financial Information is presented below for two different companies. Determine the missing amounts. Gower Drugs Martini Food and Liquor Sales revenue Sales returns and
Financial Information is presented below for two different companies. Determine the missing amounts. Gower Drugs Martini Food and Liquor Sales revenue Sales returns and allowances (a) Net Sales Cost of goods sold Gross profit (b) Operating expenses Income from operations Other expenses and losses Net income $90,000 (e) $ 86,000 56,000 (n) C 3,000 95,000 36,000 22,000 (8) (c) (h) 4,000 (d) 7,000 11,000
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