Question: Presented below is financial information for two different companies (amounts in thousands). Instructions (a) Determine the miss amounts. (b) Determine the gross profit rates. (Round

Presented below is financial information for two different companies (amounts in thousands).

Presented below is financial information for two different companies (amounts 167032

Instructions

(a) Determine the miss amounts.

(b) Determine the gross profit rates. (Round to one decimal place.)

Pavlov Novikov Company Sales Sales returns Net sales Cost of goods sold Gross profit Operating expenses Net income Company py:690.000 84.000 56.000 5.000 (a) 5.000 100.000 41.500 15.000

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