u5ip_accounting

Unit 5

Student Name_______________________

Individual Project 5B Form

Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z.

	Company X	Company Y	Company Z
Net income	185	???	40
Sales	???	560	625
Gross profit	335	???	250
Operating expenses	???	179	???
Cost of merchandise sold	450	275	???