Inventory, Cost of Goods Sold and Net Income

A. Fill in the missing data for the retail organization:

B. Fill in the missing data for the manufacturing organization:

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Particulars Sales Gross Margin Closing Inventory Opening Inventory Net Cost of Purchases Operating Income Operating Expenses Cost of Goods Sold Cost of Goods available for Sale First Quarter 90 50 40 30 50 Second Quarter 40 70 20 20 60 120 Third Quarter 150 50 50 90 20 150 Fourth Quarter 50 20 40 110 150