Question
ed ok ht ences Complete the following table. (Input all amounts as positive values. Do not round intermediate calculations. Round Gross profit ratio to 2
ed ok ht ences Complete the following table. (Input all 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 Profit (loss) Gross profit ratio $ S S 2023 Company A 110,000 8,700 82,000 82,300 26,000 1,700 % 2022 $ 178,000 27,300 22,000 $ 106,000 S 54,000 18,000 % $ 2023 Company B 90,000 8,875 8,920 39,545 27,000 % $ 2022 6,000 9,875 19,775 6,275 %
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