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Requirements Supply the missing amounts in the preceding table. Beginning Ending Net Sales Merchandise Net Cost of Merchandise Cost of Gross Company Revenue Inventory Purchases
Requirements Supply the missing amounts in the preceding table.
Beginning | Ending | |||||
Net Sales | Merchandise | Net Cost of | Merchandise | Cost of | Gross | |
Company | Revenue | Inventory | Purchases | Inventory | Goods Sold | Profit |
Potato | $101,000 | $20,000 | $62,000 | $17,000 | (a) | $36,000 |
Tomato | (b) | 24,000 | 92,000 | (c) | 90,000 | 44,000 |
Lettuce | 90,000 | (d) | 57,000 | 25,000 | 60,000 | (e) |
Carrot | 83,000 | 12,000 | (f) | 8,000 | (g) | 46,000 |
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