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answer 34-39 please Use the following to answer questions 34 - 39 (REVIEW) TR reports the following income statement results: Sales Operating expense Net income
answer 34-39 please
Use the following to answer questions 34 - 39 (REVIEW) TR reports the following income statement results: Sales Operating expense Net income Sales returns & allowances Gross profit Interest revenue $700,000 201,200 57,750 12,500 266,750 18,000 34. S Calculate Net sales: 35. S Calculate Cost of Goods Sold 36. $ Calculate operating income 37. $ Calculate Income before Income tax (IBT) 38. %. Calculate the gross profit margin (one decimal place) 39. %. Calculate the net profit margin (one decimal place) Step by Step Solution
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