What was gross profit from Fitness Factor's income statement for the year ending December 31, 2023?...

   

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What was gross profit from Fitness Factor's income statement for the year ending December 31, 2023? What was operating profit (i.e., EBIT) from Fitness Factor's income statement for the year ending December 31, 2023? Advertising Beginning of year inventory Depreciation Dividends paid to common stockholders End of year inventory General and administrative expenses Gross sales Interest expense Lease payments Management salaries Purchases Research and development Returns and allowances Taxes 33,960 79,790 10,740 22,640 64,350 34,560 886,000 8,350 19,860 102,780 407,300 1,930 6,960 20,970 What was gross profit from Fitness Factor's income statement for the year ending December 31, 2023? What was operating profit (i.e., EBIT) from Fitness Factor's income statement for the year ending December 31, 2023? Advertising Beginning of year inventory Depreciation Dividends paid to common stockholders End of year inventory General and administrative expenses Gross sales Interest expense Lease payments Management salaries Purchases Research and development Returns and allowances Taxes 33,960 79,790 10,740 22,640 64,350 34,560 886,000 8,350 19,860 102,780 407,300 1,930 6,960 20,970

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To calculate gross profit from the income statement you need to subtract the cost of goods sold COGS ... View the full answer