29 #4.6 31 Gross Sales 32 Returns & allow 33 Net Rev (72,400.00) 100.00% 123,200.00 35 CGS 36 Beg Inv 37 Purchase 38 Returns & allow 39 GAS 40 End Inv 41 TTL CGS (25,000.00) S S (137,800.00) 949,000.00 42 511,000.00 73,400.00 43 Gross Profit 44 45 Salaries 46 Depr 47 Rent 48 Admin 49 Advert 50 Operating Exp S 25,800.00 24,100.00 46,800.00 15.00% 52 Opera Income 54 Taxes 73,000.00 56 Net Income Problem #1 Problem #2 Problem #3 Problem #4 29 #4.6 31 Gross Sales 32 Returns & allow 33 Net Rev (72,400.00) 100.00% 123,200.00 35 CGS 36 Beg Inv 37 Purchase 38 Returns & allow 39 GAS 40 End Inv 41 TTL CGS (25,000.00) S S (137,800.00) 949,000.00 42 511,000.00 73,400.00 43 Gross Profit 44 45 Salaries 46 Depr 47 Rent 48 Admin 49 Advert 50 Operating Exp S 25,800.00 24,100.00 46,800.00 15.00% 52 Opera Income 54 Taxes 73,000.00 56 Net Income Problem #1 Problem #2 Problem #3 Problem #4