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Each of the following four (4) scenarios are independent of each other: Net Sales Purchases COGS Gross Profit Scenario 1 Scenario 2 Scenario 3 Scenario
Each of the following four (4) scenarios are independent of each other: Net Sales Purchases COGS Gross Profit Scenario 1 Scenario 2 Scenario 3 Scenario 4 500.00 75.00 ??? 30.00 450.00 ??? 20.00 25.00 ??? ??? 15.00 25.00 ??? 20.00 5.00 ??? Beginning Inventory 30.00 7.00 ??? 5.00 Ending Inventory 25.00 8.00 20.00 ??? Required: Calculate the missing amounts (i.e. ???) for each of the above. Please round to the nearest whole number. Scenario 1 COGS: Supporting Work Gross Profit: Supporting Work Scenario 2 Purchases: Supporting Work COGS: Supporting Work Scenario 3 Net Sales: Supporting Work Beginning Inventory: Supporting Work Scenario 4 Gross Profit: Supporting Work: Ending Inventory: Supporting Work
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