question archive Presented below are the components in Clearwater Seafood's income statement

Presented below are the components in Clearwater Seafood's income statement

Subject:BusinessPrice:2.87 Bought7

Presented below are the components in Clearwater Seafood's income statement. Deter- mine the missing amounts.

     Sales           Cost of Goods Sold            Gross Profit          Operating Expenses       Net Income

(a) $75,000            ?                                       $28,600                      ?                                $10,800

(b) $108,000           $70,000                                 ?                               ?                                 $29,500

(c) ?                        $71,900                            $99,600                       $39,500                              ?

 

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