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Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as p values. Do not round
Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as p values. Do not round intermediate calculations. Round "Gross profit ratio" to 2 decimal places.) Company A Company B 2023 2022 2023 2022 Sales Sales discounts $ 254,000 $ 178,000 $ 44,000 2,540 1,100 480 32:42 Sales returns and allowances 15,800 5,300 Net sales 160,600 41,000 Cost of goods sold 152,600 56,800 Gross profit from sales 50,800 48,200 19,400 Selling expenses 17,720 18,800 24,800 Administrative expenses 25,400 29,500 8,800 Total operating expenses 45,600 Profit (loss) 14,200 1,800 Gross profit ratio % % % %
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