Question

ASSIGNMENT RESOURCES Unit 8 Lab Learning Activities 114 Exercise 5-07 a-b (Part Level Submission) Exercise 5-14 Exercise 5-14 Financial Information is presented below for three different companies. Determine the missing amounts. Oriola Cosmetics Cheyenne Grocery Sage Hill Wholesalers Review Score Review Results by Study Objective Sales revenue $90,500 (e) $134,700 $ Sales returns and allowances 5,610 12,100 Net sales 87,300 95,400 56,100 (0) 6) Cost of goods sold Gross profit Operating expenses (b) 39,000 25,400 19,900 (9) 18,700 Income from operations (c) (h) (k) Other expenses and losses 4,100 7,700 (0) Net Income (d) 12,000 5,100 Click If you would like to Show Work for this question: Open Show Work LINK TO TEXT

Answer 1

	Oriole Cosmetics	Cheyenne Grocery	Sage Hill Wholesalers
Sales revenue	$ 90,500	$ 101,010 (e)	$ 134,700
Sales returns and allowances	3,200 (a)	5,610	12,100
Net sales	87,300	95,400	122,600 ( i)
Cost of Goods Sold	56,100	56,400 (f)	97,200 (j)
Gross Profit	31,200 (b)	39,000	25,400
Operating Expenses	19,900	19,300 (g)	18,700
Income from Operations	11,300 (c)	19,700 (h)	6,700 (k)
Other Expenses and Losses	4,100	7,700	1,600 (l)
Net income	7,200 (d)	12,000	5,100