Bindi's Bridal has provided the following yearly financial results: Gross Sales: $162,750 Net Sales: $128,550 Opening Inventory:
Fantastic news! We've Found the answer you've been seeking!
Question:
Bindi's Bridal has provided the following yearly financial results:
- Gross Sales: $162,750
- Net Sales: $128,550
- Opening Inventory: $85,950
- Advertising Expenses: $8,200
- Sales Salaries: $15,700
- Rent: $19,000
- Utilities: $8,000
- Billed Cost: $48,293
- Cash Discounts: 3.5%
- Inward Freight: $2,750
- Workroom Costs: $1,850
- Closing Inventory: $83,300
Create a final P&L in both $ and %. Show in even dollars (no cents) and percentages in one decimal point.
Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Posted Date: