Question: I need the answer very fast , please help me , I only have 30 minutes XYZ company provided the following information Sales $30,000 Accounts

I need the answer very fast , please help me , I only have 30 minutes  I need the answer very fast , please help me ,

XYZ company provided the following information Sales $30,000 Accounts payable 3,000 Selling expenses 4,000 Administrative expenses 5,500 Other revenues 10,000 Cost of goods sold 13,500 Cash 12,000 Other expenses 7,000 Required: Calculate the following: (SHOW YOUR CALCULATIONS) 1. Gross profit 2. Net income/loss (note: specify whether the company had not income or net loss) For the toolbar, press ALT+F10 (PO) or ALT+FN+F10 (Mac). B I g Paragraph Arial V 10pt !!! 11! > A Click Save and Submit to save and submit. Click Save All Answers to save all answers

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