Question: Complete the following table (Input all amounts as positive values. Do not round intermediate calculations, Rou ratio to 2 decimal places.) Sales Cost of goods

 Complete the following table (Input all amounts as positive values. Do

Complete the following table (Input all amounts as positive values. Do not round intermediate calculations, Rou ratio" to 2 decimal places.) Sales Cost of goods sold: Merchandise inventory (beginning) Net cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold Gross profit from sales Operating expenses Profit (loss) Gross profit ratio Company A Company B 2020 2019 2020 2019 S 129,000 $ 169,000 $ 85,500 S 39,300 7,975 10,600 26,400 5,100 91,500 99,800 25,200 10,300 21,100 8,020 8,975 S 91,800 S 105,100 $ 47,755 $ 21,325 37,200 63.900 37,745 17,975 29,800 53,100 26,100 12,600 S 7,400 $ 10,800 $ 11,645 $ 5,375 28.84 % 37.81% % 45.74 %

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