Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Note: Input all amounts as positive values. Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A S 990 $ 450 105 215 140 Case B Case C 860 $ 490 300 110 220 40 100 110 219 40 45 Case D 610 360 110 160 70 Case E 490 380 220 80 40 40

Supply the missing dollar amounts for the current year income statement of NexTech Company for each of the following independent cases. Note: Input all amounts as positive values. Sales revenue Cost of goods sold Gross margin Selling expense Administrative expense Pretax income Income tax expense Net income Case A S 990 $ 450 105 215 140 Case B Case C 860 $ 490 300 110 220 40 100 110 219 40 45 Case D 610 360 110 160 70 Case E 490 380 220 80 40 40

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter2: Financial Statements And The Annual Report

Section: Chapter Questions

Problem 2.13MCE

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