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Complete the following table. (Input all amounts as positive values. Do not round intermediate calculations. Round Gr ratio to 2 decimal places.) Company A

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Complete the following table. (Input all amounts as positive values. Do not round intermediate calculations. Round "Gr ratio" to 2 decimal places.) Company A Company B 2020 2019 2020 2019 122,000 $ 176,000 $ 89,000 69 $ 9,900 27.100 8,675 5.800 88.000 25.900 122,000 21,800 8.720 9.675 88.300 $ 105.800 39.145 19.375 - 28.400 7 53.800 26.800 5.300 $ 16,400 6.075 % % 69 Sales Cost of goods sold: Merchandise inventory (beginning) Net cost of merchandise purchases Merchandise inventory (ending) Cost of goods sold Gross profit from sales Operating expenses Profit (loss) Gross profit ratio 5

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