1) Calculate the missing amounts for each company. Sales Revenue Beginning Inventory Inventory Purchases Ending Inventory...

1) Calculate the missing amounts for each company.

	Sales Revenue	Beginning Inventory	Inventory Purchases	Ending Inventory	COGS	Gross Profit
Company 1	$100,000	$20,000	$65,000	$22,000	A	B
Company 2	$140,000	$25,000	C	$30,000	D	$45,000
Company 3	E	F	$45,000	$20,000	$50,000	$35,000
Company 4	$85,000	$10,000	$30,000	G	$35,000	H

Expert Solution

ekkarill92 answered 1 year ago

Given the following information: Beginning Inventory $ 52,000 Ending Inventory 20,800 Sales 214,400 Purchases 69,600 Sales...

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