19. _____% BD Company issues 6%, 10-year bonds with a face amount of $1,000,000 on January 1, 20A for $1,000,000. Interest is paid semiannually on June 30 and December 31. What was the market interest rate for the bond issuance? T

&JR Corp reports the following income statement results:

Gross profit $338,000

Interest expense 6,000

Sales discounts 15,000

Net Sales 789,000

Operating expense 214,300

Effective tax rate 20%

28. $____________Calculate Sales.

29. $____________Calculate Income before Income tax (IBT).

30. $____________Calculate net income.

31. ___ ___.___% Calculate the gross profit margin (one decimal place)

32. __ __. __ __ % Calculate the profit margin (two decimal places)