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Complete the following table (Input all amounts as positive values. Do not round intermediate calculations, Rou ratio to 2 decimal places.) Sales Cost of goods
Complete the following table (Input all amounts as positive values. Do not round intermediate calculations, Rou ratio" to 2 decimal places.) 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 Company A Company B 2020 2019 2020 2019 S 129,000 $ 169,000 $ 85,500 S 39,300 7,975 10,600 26,400 5,100 91,500 99,800 25,200 10,300 21,100 8,020 8,975 S 91,800 S 105,100 $ 47,755 $ 21,325 37,200 63.900 37,745 17,975 29,800 53,100 26,100 12,600 S 7,400 $ 10,800 $ 11,645 $ 5,375 28.84 % 37.81% % 45.74 %
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