Question: Maps actice Assignment - Part B (new one) terhal_browser=0&launchUrl=https%253A%252F%252Fnev Saved Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and

Maps actice Assignment - Part B (new one) terhal_browser=0&launchUrl=https%253A%252F%252Fnev Saved Calculate the

Maps actice Assignment - Part B (new one) terhal_browser=0&launchUrl=https%253A%252F%252Fnev Saved Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as positiv values. Do not round intermediate calculations. Round "Gross profit ratio" to 2 decimal places.) Company A Company B 2020 2019 12020 2019 Sales $ 246.000 S 170,000 S 40.000 Sales discounts 2.460 1.000 400 Sales returns and allowances 15,000 4,500 Net sales 153.000 37.000 Cost of goods sold 148 600 56,000 Gross profit from sales 50.000 47 400 17.000 Selling expenses 16.920 18.000 24,000 Administrative expenses 24.600 28,700 8,000 Total operating expenses 44.000 Profit (loss) 13.400 Gross profit ratio %% 1,000 % %

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