percent of loss? 11. If total operating expenses are $85,000 and the gross margin is $8 profit or loss? 12. Fill in the blanks: $ $600.0 % 100% 43.2% Net sales Cost of goods sold Cash discounts from vendors Gross margin Operating expenses Operating profit $ 20.7 25.8% 13. Opening inventory for the sleep department is $200.0. Purchases Net sales were $500.0. Markdowns were $50.0. Claims were $80 were $5.0. What is the EOM (End of Month Inventory) for this (Beginning of Month Inventory) for the next period? percent of loss? 11. If total operating expenses are $85,000 and the gross margin is $8 profit or loss? 12. Fill in the blanks: $ $600.0 % 100% 43.2% Net sales Cost of goods sold Cash discounts from vendors Gross margin Operating expenses Operating profit $ 20.7 25.8% 13. Opening inventory for the sleep department is $200.0. Purchases Net sales were $500.0. Markdowns were $50.0. Claims were $80 were $5.0. What is the EOM (End of Month Inventory) for this (Beginning of Month Inventory) for the next period