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please calculate the operating income for the three companies Selected data for three companies are given below. All inventory amounts are ending balances and al

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Selected data for three companies are given below. All inventory amounts are ending balances and al amounts are in millions Click the icon to view the data) Using the above data, calculate operating income for each company (Entot amounts in eollions as provided to you in the problem statement, $X) Begin by calculating the operating income for Company A Company Gross Profit Selling and Administrative Expenses Total Selling and Administrative Expersen Operating income to Data Table ng $ $ 1 11 Company B 7 Wages Expense 38 Equipment 9 Accounts Receivable 21 Service Revenue 1 Cash 62 Rent Expense 48 Company A Cash Net Sales Revenue Finished Goods Inventory Cost of Goods Sold Selling Expenses Equipment Work-in-Process Inventory Accounts Receivable Cost of Goods Manufactured Administrative Expenses Raw Materials Inventory Company C 20 Administrative Expenses 28 Cash 7 Net Sales Revenue 54 Selling Expenses 24 Merchandise Inventory 20 Equipment Accounts Receivable Cost of Goods Sold 6 15 38 6 12 12 35 24 4 9 Print Done in the input fields and then click Check

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