Sales Revenue: $71,200

Cost of Goods Sold: (a)
Gross Profit: $30,000
Operating Expenses: (b)
Net Income: $12,100

Find the missing amounts.

This is what I got:

a) $41,200
b) $17,900

I am pretty sure I am doing this right. But before I move on with my homework, I would like to know if I am on the right track. Thanks

3 answers

Yes, looks good.

Sra
Oh thank god for you!! Thanks a bunch.
hamzanajam @ h o t m a i l . c o m

a : 71200-30000
b : 30000-12100