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missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income eTextbook and Media Pharoah Company
missing amounts. Sales revenue Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Net income eTextbook and Media Pharoah Company $118,000 $ 6000 112,000 Novak Corp. 141800 7,800 134,000 78,400 91120 i 33600 42,880 19,040 22780 14560 20,100 Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.) Pharoah Company % Novak Corp. % Profit margin Gross profit rate % %
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