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Pleqase show work and explanations. Thank you! Given the following and Using the Gross Profit Method, fill in the missing numbers. Show all calculations Full
Pleqase show work and explanations. Thank you!
Given the following and Using the Gross Profit Method, fill in the missing numbers. Show all calculations Full Year, Last Yr, 1st 6 Mos, this yr 1 Sales Revenue Cost of G.S.- 1,352,500 824,100 Beginning Inventory Purchases Cost of Inventory Available for Sale Less cost of endinginventory Cost of Goods Sold 172,411 872,400 1,044,81.1 244, 801 725,000 800,010 2 Gross Margin 4 Oper. Expenses 6 Oper. Income/Loss 552, 490 463,111 275,000 89,379Step by Step Solution
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