Accounting

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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

  • Accounting -

    Yes, looks good.

    Sra

  • Accounting -

    Oh thank god for you!! Thanks a bunch.

  • Accounting -

    hamzanajam @ h o t m a i l . c o m

    a : 71200-30000
    b : 30000-12100

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