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 $ 980 440 115 200 160 Case B $ 750 330 115 240 40 Case C $ 520 80 90 40 45 Case D 590 370 110 180 55 Case E 340 380 220 90 40 30

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 $ 980 440 115 200 160 Case B $ 750 330 115 240 40 Case C $ 520 80 90 40 45 Case D 590 370 110 180 55 Case E 340 380 220 90 40 30

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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