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Presented below is financial information for two different companies. Compute the missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold
Presented below is financial information for two different companies. Compute the missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income Tamarisk Company $88,540 74,320 54,280 16,010 (a) (b) (c) to $ Vaughn Company 4,600 97,410 41,760 21,780 19,980 (d) (e)
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