Question: Develop a skeletal P/L statement based on the following information: (5 pts) Use proper table displaying $ and % both. Gross Sales =$1,255,000 Cost of

Develop a skeletal P/L statement based on the following information: (5

Develop a skeletal P/L statement based on the following information: (5 pts) Use proper table displaying $ and % both. Gross Sales =$1,255,000 Cost of Merchandise Sold =$530,000 Customer Returns =6% Profit: 8%

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