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Financial information for two companies are presented below. CALCULATOR COURCES napter 5 Fill in the missing amounts. -08 -09
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Answer #1

FIRST COMPANY

cost of PROFIT GROSS good sold = Net sales cogs 53,300 Z 88000 $28.700 gross profit 2

NET INCOME GROSS PROFIT OPERATING EXPENSES $28700 - $14760 INET INCOME - $ 13940

PROFIT MARGIN or net profit margin = Net profit Net sales X100 = $ 13940 too $82000 Gross- profit rate x 100 Gross Profit Net

SECOND COMPANY

METLOCK IN Sale Revenue = ? Net sales $ 104,000 sales return= $ 4,800 Net sales sale revenue sales return loyooo sales Revenu

cogs Gross profit = $38, 480 Net sale $ 104,000 gross profit Net sales cogs 38 480 104000 - cogs (cogs) 38480 - 10 tooo - 765

PROFIT MARGIN = Net Profit margin= Net pusfit x100= $ 19760 *100 19te Net sales $ 10yood Gross profit Crate) = Gross profit 1

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