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Company C $580,000 78,000 Question 1: (18 Marks, 2 each) Given the following independent situations below: Company A Sal
Posted: Tue Nov 16, 2021 8:59 am
by answerhappygod
- Company C 580 000 78 000 Question 1 18 Marks 2 Each Given The Following Independent Situations Below Company A Sal 1 (29.36 KiB) Viewed 82 times
Company C $580,000 78,000
Question 1: (18 Marks, 2 each) Given the following independent situations below:
Company A Sales revenue (a) Beginning inventory 55,000 Net purchases 190,200 Ending inventory 40,800 Cost of goods sold (b) Gross profit 82,500 Operating expenses (c) Income before taxes 9,000
Company B $420,500 (d) 213,400 92,000 (e) 75,000 44,000 (1) 58,000 365,000 (h) 52,000 (i) Required: Find the missing numbers. (show your computation),