Question 20 3.33 pts A company has the following balances Sales revenue $300,000: Sales Returns and Allowances $2.000: Sales Discounts $4.000 Cost of Goods Sold $184,000: Operating Expenses $84,000. How much is the profit margin? 37.4 percent 10 percent e 8.8 percent 40 percent Question 21 3.23 pts As a result of a thorough physical mentory, Failway Company determined that it had inventory worth $180.000 * December 31, 2020. This count did not take into consideration the following transactione . Ropers Consignment store currently has goods worth $35.000 on its sabes poor that belong to Rollway but are being sold on consignment by Rogers. The selling price of these goods is 550,000 Railway purchased $13,000 of goods that were shipped on December 27, FOB shipping that will be received by Rallway on January 3 Determine the correct amount of inventory that Railway should report $215.000 $230,000 $193,000 $228,000