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CP 5-1 Consider the following information of Jones Corporation over four years: 2022 2021 2020 2019 Sales $10,000 $9,00o0 ? $7,000 Cost of goods sold

CP 5-1 Consider the following information of Jones Corporation over four years: 2022 2021 2020 2019 Sales $10,000 $9,00o0 ? $7,000 Cost of goods sold Gross profit Gross profit percentage ? 6,840 6,160 ? 2,500 1,840 ? ? ? 22% Required: 1. Calculate the missing amounts for each year. 2. What does this information indicate about the company

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