Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all...
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Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all othe values. Do not round intermediate calculations. Round "Gross profit ratio" to 2 decimal places.) Company A Company B 2023 2022 2023 202+ Sales Sales discounts Sales returns and allowances Net sales $ 255,000 $ 179,000 $ 44,500) 2,550 1,000 490 15,900 5,400 181,560 161,550 41.500 Cost of goods sold 153,100 56.900 Gross profit from sales 50,900 48.300 19,700 Selling expenses 17,820 18,900 24,900 Administrative expenses 25,500 29600 8,900 45,800 Total operating expenses 1.900 14,300 Profit (loss) % Gross profit ratio Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all othe values. Do not round intermediate calculations. Round "Gross profit ratio" to 2 decimal places.) Company A Company B 2023 2022 2023 202+ Sales Sales discounts Sales returns and allowances Net sales $ 255,000 $ 179,000 $ 44,500) 2,550 1,000 490 15,900 5,400 181,560 161,550 41.500 Cost of goods sold 153,100 56.900 Gross profit from sales 50,900 48.300 19,700 Selling expenses 17,820 18,900 24,900 Administrative expenses 25,500 29600 8,900 45,800 Total operating expenses 1.900 14,300 Profit (loss) % Gross profit ratio
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