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Complete the following table. (Input will amounts as positive values. Do not round intermediate calculations. Round Gross profit ratio to 2 decimal places.) Sales Cost

Complete the following table. (Input will amounts as positive values. Do not round intermediate calculations. Round "Gross profit 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 Proft Boss) Gross profit ratio Company A Company B 2020 2019 2020 2019 $ 110,000 178,000 90,000 8,700 27,300 8,875 6,000 82,000 26,100 22,000 8,920 9,875 S 82,300 106,000 39,545 19,775 26,000 54,000 27,000 1,700 18,000 S 6,275image text in transcribed

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