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Determine the gross profit of year 4 for each company. Telos-Sales-136,000, Sales Discount-9600, Sales returns & allowances-24,000, Cost of goods sold-96,000. Creft-Sales-124,800, Sales Discount-8,000, Sales

Determine the gross profit of year 4 for each company.

Telos-Sales-136,000, Sales Discount-9600, Sales returns & allowances-24,000, Cost of goods sold-96,000.

Creft-Sales-124,800, Sales Discount-8,000, Sales returns & allowances-4,800, Cost of goods sold-89,600.

Wozz-Sales-131,200, Sales Discounts- 6,400, Sales returns & allowances-3,200, Cost of goods sold-92,800.

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Sales and Costs for Competina Companies

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