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Financial information for two compani 9 Fill in the missing amounts. Larkspur, Inc. Windsor, Inc. Sales revenue $84,000 Sales
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Answer #1
Larkspur Windsor
Sales revenue 84,000 104,400
Sales returns 6,000 4,400
Net sales 78,000 100,000
Cost of Goods Sold 53,040 66,000
Gross profit 24,960 34,000
Operating expenses 13,260 18,000
Net income 11,700 16,000

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Larkspur Windsor
Profit Margin 15% 16%
Gross profit 32% 34%
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