Question: Compute P/L skeleton statement using the following information. Show your work. (5 points maximum) 1. . . . . . . 1. . .

Compute P/L skeleton statement using the following information. Show your work. (5 points maximum) 1. . . . .

Compute P/L skeleton statement using the following information. Show your work. (5 points maximum) 1. . . . . . . 1. . . . . Customer Returns. Gross Sales Opening Inventory Adv & Promo Purchases . Insurance Cash Discounts Rent Closing Inventory Workroom Costs Freight Costs Return to Vendor Salaries Maintenance NS COGS GM OE P/L >NS $ $210,000 5% 10,000 $200,000 $155,000 $14,600 $249,000 $1,000 $20,000 $190,000 1% of NS 2,100 $5,000 $18,500 $2,500 $15,000 $5,000 % 100%

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