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Presented below is financial information for two different companies. Compute the missing amounts. Metlock Company Bonita Company Sales revenue 89,060 enter a dollar amount (d)

Presented below is financial information for two different companies.

Compute the missing amounts.

Metlock Company Bonita Company

Sales revenue 89,060 enter a dollar amount (d)

Sales returns and allowances enter a dollar amount (a) 4,750

Net sales 86,570 94,440

Cost of goods sold 60,730 enter a dollar amount (e)

Gross profit enter a dollar amount(b) 36,880

Operating expenses 15,750 23,950

Net income enter a total net income amount (c) 12,930

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