Consider the following partially completed income statements for merchandising companies and compute the missing amounts...
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Consider the following partially completed income statements for merchandising companies and compute the missing amounts EEE Click the icon to view the Income Statements Net Sales Revenue Cost of Goods Sold Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income Rustic Gear 100 000 48 000 2 000 59 000 41 000 10 000 Data table Net Sales Revenue Cost of Goods Sold Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income Rustic Gear Boswell Inc 100 000 d a 48 000 b 2 000 59 000 41 000 c 10 000 32 000 e 90 000 2 000 0 113 000 84 000 g I
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