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Determine the missing amounts. Sales revenue Sales returns Net sales Cost of goods sold Gross profit Operating expenses Net income. * Your answer is

Determine the missing amounts. Sales revenue Sales returns Net sales Cost of goods sold Gross profit 

Determine the missing amounts. Sales revenue Sales returns Net sales Cost of goods sold Gross profit Operating expenses Net income. * Your answer is incorrect. Cullumber Shoes Gross profit rate Cullumber Shoes $95,420 0.4 5070 i 90,350 52,990 (a) 37360 (b) 18,040 Determine the gross profit rates. (Round answers to 1 decimal place, e.g. 25.2%.) 19320 (c) Riverbed Footwear Riverbed Footwear 0.5 195880 $5,880 190,000 100000 i % 90,000 73700 i 16,300 (d) (e)

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