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for 2018 was $200 million and you forecast that Sales will ou also forecast that gross profit margins for 2019 will be 30% and 2)
for 2018 was $200 million and you forecast that Sales will ou also forecast that gross profit margins for 2019 will be 30% and 2) (6 pts) Company GG most recent Sales for 2018 was $200 million and increase by 8% next year. You also forecast that gross clating profit margins for 2019 will be 11% and net profit margins for 2019 will be 5%. a) Fill in the following blanks 2018 Sales $200 mil 2019 216 mill Profit margin Sales 208 million Cost of Goods Sold = 145.6 oh Gross Profit = 62.4 millo de 2088 7.3 Selling Gen Admin Expenses = 55.54 6.86 4C 2) operating P ing EBIT (Operating Income) - Sale 48.67 million de Net income =
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