Question: Question 1 Presented below is financial information for two different companies Determine the missing amounts. Summer Company Winter Company Sales revenue $97,190 $6,220 Sales returns

Question 1 Presented below is financial information for two different companies Determine the missing amounts. Summer Company Winter Company Sales revenue $97,190 $6,220 Sales returns Net sales Cost of goods sold Gross profit Operating expenses 88,010 100,400 55,110 46,080 16,070 Net income 15,100 Determine the gross profit rates. (Round answer to 1 decimal place, e.g. 2 Summer Company Winter Company Gross profit rate

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