Question: Given the following information, calculation the missing values. Sales $ 125,000 Cost of Goods Sold Gross Margin Selling, General, Admin Expenses Depreciation expense $12,500 Operating

Given the following information, calculation the missing values. Sales $ 125,000 Cost of Goods Sold Gross Margin Selling, General, Admin Expenses Depreciation expense $12,500 Operating income (EBIT) Interest expense $ 4,500 Earnings before taxes (EBT) Taxes (30%) Net Income Gross margin %: 46.5% Net profit margin: $8.5% Calculate the following $ values: Gross margin SGA expense EBIT EBT (2 pts) Net Income. Show all calculations.

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