Fill in the missing amounts. Larkspur, Inc. Windsor, Inc. Sales revenue $84,000 24 95600 Sales returns...
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Fill in the missing amounts. Larkspur, Inc. Windsor, Inc. Sales revenue $84,000 24 95600 Sales returns and allowances 6000 4,400 Net sales 78.000 100,000 Cost of goods sold 53.040 66000 Gross profit 24960 34,000 Operating expenses 13,260 18000 Net income 11700 16,000 eTextbook and Media 24960 34,000 Operating expenses 13,260 18000 Net income 11700 16,000 eTextbook and Media a Your answer is incorrect. Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, eg. 15.5%.) Larkspur, Inc. Windsor, Inc. Profit margin Gross profit rate eTextbook and Media Fill in the missing amounts. Larkspur, Inc. Windsor, Inc. Sales revenue $84,000 24 95600 Sales returns and allowances 6000 4,400 Net sales 78.000 100,000 Cost of goods sold 53.040 66000 Gross profit 24960 34,000 Operating expenses 13,260 18000 Net income 11700 16,000 eTextbook and Media 24960 34,000 Operating expenses 13,260 18000 Net income 11700 16,000 eTextbook and Media a Your answer is incorrect. Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, eg. 15.5%.) Larkspur, Inc. Windsor, Inc. Profit margin Gross profit rate eTextbook and Media
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Posted Date:
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