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(a) Your answer is correct. Fill in the missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating
(a) Your answer is correct. Fill in the missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income eTextbook and Media List of Accounts Yoste Company $90,000 6000 i 84,000 58,000 26000 14,380 11620 Noone Company 105000 5,000 100,000 60000 i 40,000 23000 17,000 (b) Net sales Cost of goods sold Gross profit Operating expenses Net income eTextbook and Media List of Accounts Profit margin Gross profit rate e Textbook and Media List of Accounts Save for Later Yoste Company % 58,000 %6 26000 14,380 11620 Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, eg. 75.5%) 60000 Noone Company 23000 i 40,000 % Attempts: 1 of 10 used % i 17,000 Attempts: 0 of 10 used Submit
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