Complete the Following Data Taken from the Condensed Income Statements

Essay

Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. $$\begin{array} { | l | r | r | r | } \hline & \textbf { Company X } & \textbf { Company Y } & \textbf { Company } \mathrm { Z } \\\hline \text { Operating income (loss) } & \$ 220 & \$? & \$ ( 70 ) \\\hline \text { Sales } & ? & 1,315 & 890 \\\hline \text { Gross profit } & 435 & ? & 465 \\\hline \text { Operating expenses } & ? & 565 & ? \\\hline \text { Cost of merchandise sold } & 330 & 775 & ? \\\hline\end{array}$$