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Presented below is financial information for two different companies (amounts in thousands). Determine the missing amounts. Sunland Shoes Marigold Footwear Sales revenue $98,310 $ (d)
Presented below is financial information for two different companies (amounts in thousands). Determine the missing amounts. Sunland Shoes Marigold Footwear Sales revenue $98,310 $ (d) Sales returns $ (a) $5,600 Net sales 87,780 180,000 Cost of goods sold 53,580 (e) Gross profit (b) 93,000 Operating expenses 17,990 (f) Net income (c) 16,100 Determine the gross profit rates. (Round answers to 1 decimal place, e.g. 25.2%.) Sunland Shoes Marigold Footwear Gross profit rate % %
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