Question

Financial information is presented below for Amazon. Please find the missing amounts. Sales revenue $ (a)...

Financial information is presented below for Amazon. Please find the missing amounts.
Sales revenue
$ (a)
Sales returns and allowances
3,000
Net sales
95,000
Cost of goods sold
(b)
Gross profit
36,000
Operating expenses
(c)
Income from operations
(d)
Other expenses and losses
7,000
Net income
11,000

b
Answer 1
a
Answer 2
c
Answer 3
d
Answer 4

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