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good afternoon I would like help to this question Calculate the profit margin and gross profit margin. (Round your answers to 1 decimal place, e.g.
good afternoon I would like help to this question
Calculate the profit margin and gross profit margin. (Round your answers to 1 decimal place, e.g. 5.2\%.) Gross profit margin % Profit margin % The adjusted trial balance of Ayayai Wholesale Inc. contained the following accounts at December 31, the company's year Bank loan payable Common shares Retained earnings Sales Cost of goods sold Administrative expenses Selling expenses Interest expense Interest income Income tax expense 97,300 47,000 110,020 1,106,000 89,400 38,900 13,400 2,300 17,300 $1,568,180$1,568,180 (a) Question 4 of 6 Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Accounts payable Deferred revenue Refund liability Income tax payable Bank loan payable Common shares Retained earnings Sales Cost of goods sold Administrative expenses Selling expenses 218,800 218,800 $92,900 94,500 33,200 60,700 9,700 5,760 3,300 97,300 47,000 110,020 1,106,000 799,200 89,400 38,900
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