Consider the following incomplete table of merchandisers profit data Requirement 1 Calculate the missing table values to complete thetable Cost of Goods Sold Net Sales Gross Profit Sales Sales 87,940 $ 99,220 (d) (g) Discounts 60,200 2$ 1,560 $ (b) 2,000 2,980 89,500 (a) 34,020 (e) 36,720 103,600 (...

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Consider the following incomplete table of merchandisers profit data: Requirement

Consider the following incomplete table of merchandisers profit data: Requirement 1. Calculate the missing table values to complete thetable. Cost

Question:

Consider the following incomplete table of merchandiser€™s profit data:

Cost of Goods Sold Net Sales Gross Profit Sales Sales 87,940 $ 99,220 (d) (g) Discounts 60,200 2$ 1,560 $ (b) 2,000 2,98

Requirement
1. Calculate the missing table values to complete thetable.

Transcribed Image Text:

Cost of Goods Sold Net Sales Gross Profit Sales Sales 87,940 $ 99,220 (d) (g) Discounts 60,200 2$ 1,560 $ (b) 2,000 2,980 89,500 (a) 34,020 (e) 36,720 103,600 (c) $ 40,500 66,200 (f) 75,800

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Req 1 Sales Sales discounts Net sales Cost of goods sold Gross profit 89 500 …View the full answer

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PALASH JHANWAR

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