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Find the missing number: Company A 2011 2010 $120,000 $180,000 Company B 2011 2010 $90,000 $? 18,700 22,300 9,875 9,000 72,000 ? 26,100 Sales Cost
Find the missing number: Company A 2011 2010 $120,000 $180,000 Company B 2011 2010 $90,000 $? 18,700 22,300 9,875 9,000 72,000 ? 26,100 Sales Cost of goods sold: Merchandise Inventory (beginning) Net cost of merchandise purchases Merchandising inventory (ending) Cost of goods sold Gross profit from sales Operating expenses Net Income loss) Gross profit ratio ? (18,700) (8,920) (9,875) 74,300 ? 108,000 ? ? 39,545 ? 19,775 36,000 9,700 ? 54,000 18,000 27,000 ? ? ? 6,275
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