Posted: December 17th, 2015
Presented here are the components in Korinek Company’s income statement. Determine the missing amounts. (Compute missing amounts in determining net income. (SO 1, 4), AP)
Sales Revenue Cost of Goods sold Gross Profit Operating Expenses Net Income
$71,200 (b) $30,000 (d) $12,100
$108,000 $70,000 (c) (e) $29,500
(a) $71,900 $109,600 $46,200
Place an order in 3 easy steps. Takes less than 5 mins.