Enter selling expense before administrative expense

Requirement 3. N. Fox, owner of the company, Strives to earn a gross profit percentage of at least 50\%, Did Culinary Creations achieve this goal? Show your caiculations: Compute the gross profit percentage of Culinary Creations. Did Culinary Creations achiove this goal? Culinary Crentions achlove this goal Quarter Ended April 30, 2024 Expenses: Gross Profit Operating Expenses: Revenues: Total Expenses 'Total Operating Expenses Total Revenues Data table Requirement 1. Prepare a single-step income statement. Accounts Payable Accounts Receivable Accumulated Depreciation Cash Cost of Goods Sold Delivery Expense-Selling Depreciation Expense Equipment-Administrative Equipment Fox, Capital Fox, Withdrawals Interest Expense Interest Payable Interest Revenue Merchandise Inventory Net Sales Revenue Interest Payable Interest Revenue Merchandise Inventory Net Sales Revenue Notes Payable, long-term Office Supplies Rent Expense-Administrative Rent Expense-Selling Salaries Expense-Administrative Salaries Expense-Selling Requirement 2. Propare a multi-step income statement. Begin by completing the statement throuah the aross profit. then calculate ooeratina income in the second step and net income in the final ster