Question: Could you help verify the second one for me please? thank you. In 2021, the BowWow Company purchased 17,970 units from its supplier at a

In 2021, the BowWow Company purchased 17,970 units from its supplier at a cost of $10.00 per unit. BowWow sold 16,230 units of its product in 2021 at a price of $20.00 per unit. BowWow began 2021 with $995,910 in inventory (inventory is carried at a cost of $10.00 per unit). Using this information, compute BowWow's gross profit for 2021. Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568. Your Answer: Sammy's Shovels had sales of $91,310 in 2021. The cost of goods sold was $27,730, operating expenses (excluding depreciation) were $15,640, interest expenses were $1,480, depreciation expense was $9,640, and dividends paid were $1,120. The firm's tax rate is 21 percent. What did Sammy's Shovels report as net income (or, net profit) in 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. If your answer is a negative number, place a minus sign before your answer with no space between the minus sign and the number. For example, record $1,234,567.89 as 1234568 or negative $543,210 as - 543210. Your Answer: 25774
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