# what is the missing amount on the income statement sales 71,200 108,000

Presented here are the components in Pedersen Company's income statement. Determine the missing amounts.

Sales
Cost
of Goods Sold
Gross Profit
Operating Expenses
Net Income

\$71,200 (b)\$ \$30,000 (d)\$ \$10,800
\$108,000 \$70,000 (c)\$ (e)\$ \$29,500
(a)\$ \$71,900 \$109,600 \$46,200 (f)\$

 paraclete Posts: 1,879, Reputation: 585 Ultra Member #2 Jul 4, 2012, 03:50 AM
Quote:
 Originally Posted by missvalue Presented here are the components in Pedersen Company's income statement. Determine the missing amounts. Sales Cost of Goods Sold Gross Profit Operating Expenses Net Income \$71,200 (b)\$ \$30,000 (d)\$ \$10,800 \$108,000 \$70,000 (c)\$ (e)\$ \$29,500 (a)\$ \$71,900 \$109,600 \$46,200 (f)\$
candidly I'm not a mind reader

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