Complete the following data taken from the condensed income statements for merchandising Companies A,B,and C.
$\begin{array}{|l|r|r|r|}
\hline & \text { Company A } & \text { Company B } & \text { Company C } \
\hline \text { Net income } & \$ 315 & \$ ? & \$ 215 \
\hline \text { Sales } & ? & 865 & 560 \
\hline \text { Gross profit } & 430 & ? & 325 \
\hline \text { Operating expenses } & ? & 125 & ? \
\hline \text { Cost of merchandise sold } & 545 & 320 & ? \
\hline
\end{array}$

Question

Complete the following data taken from the condensed income statements for merchandising Companies A,B,and C.
 $\begin{array}{|l|r|r|r|}
\hline & \text { Company A } & \text { Company B } & \text { Company C } \
\hline \text { Net income } & \$ 315 & \$ ? & \$ 215 \
\hline \text { Sales } & ? & 865 & 560 \
\hline \text { Gross profit } & 430 & ? & 325 \
\hline \text { Operating expenses } & ? & 125 & ? \
\hline \text { Cost of merchandise sold } & 545 & 320 & ? \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Complete the following data taken from the condensed income statements for merchandising Companies A,B,and C.
 $\begin{array}{|l|r|r|r|}
\hline & \text { Company A } & \text { Company B } & \text { Company C } \
\hline \text { Net income } & \$ 315 & \$ ? & \$ 215 \
\hline \text { Sales } & ? & 865 & 560 \
\hline \text { Gross profit } & 430 & ? & 325 \
\hline \text { Operating expenses } & ? & 125 & ? \
\hline \text { Cost of merchandise sold } & 545 & 320 & ? \
\hline
\end{array}$

Complete the Following Data Taken from the Condensed Income Statements