FIN ACCTG Kimmel, Financial Accounting, 6e Assignment Ch-5, Presented here are the components in Pedersen Company's income statement

FIN ACCTG (ACCT2020)

Kimmel, Financial Accounting, 6e

Assignment Ch-5

 Presented here are the components in Pedersen Company\'s income statement. Determine the missing amounts.

Sales                     Costof Goods Sold                          Gross Profit        Operating Expenses      Net Income        $71,200                                (b)                                          $30,000                 (d)$                        $10,800

 $108,000                            $70,000                (c)$                                       (e)$                        $29,500

(a)$                                        $71,900                $109,600                             $46,200 (f)$

Click here: FIN ACCTG Kimmel, Financial Accounting, 6e Assignment Ch-5, Presented here are the components in Pedersen Company's income statement