Question: Can someone please answer this question Practice Assignment - Part B (new one) Saved Calculate the missing amounts. (Loss amounts should be indicated with a

 Can someone please answer this question Practice Assignment - Part B

Can someone please answer this question

Practice Assignment - Part B (new one) Saved Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as values. Do not round intermediate calculations. Round "Gross profit ratio" to 2 decimal places.) Company B 2020 2019 $ 49,000 1,000 580 $ Sales Sales discounts Sales returns and allowances 6.300 46,000 Company A 2020 2019 264,000 $ 188,000 2,640 16,800 169 800 157,600 51,800 18,720 19 800 26.400 47 600 15,200 Net sales Cost of goods sold Gross profit from sales Selling expenses Administrative expenses Total operating expenses Profit (loss) Gross profit ratio 22.400 57 800 49 200 25,800 30 500 9,800 2.800 % % %

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