Complete the Following Data Taken from the Condensed Income Statements

Essay

Complete the following data taken from the condensed income statements for merchandising Companies A,B,and C.
$\begin{array}{|l|r|r|r|}\hline & \text { Company A } & \text { Company B } & \text { Company C } \\\hline \text { Net income } & \$ 315 & \$ ? & \$ 215 \\\hline \text { Sales } & ? & 865 & 560 \\\hline \text { Gross profit } & 430 & ? & 325 \\\hline \text { Operating expenses } & ? & 125 & ? \\\hline \text { Cost of merchandise sold } & 545 & 320 & ? \\\hline\end{array}$