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Question 3 of 8 075 E View Policies Show Attempt History Current Attempt in Progress The following information was taken from the financial statements of

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Question 3 of 8 075 E View Policies Show Attempt History Current Attempt in Progress The following information was taken from the financial statements of Carla Vista Company: 2021 2020 $ 798,000 $ 880,600 201.400 199,800 Gross profit on sales Income before income taxes Net income Net income as a percentage of net sales 380,000 333,000 10% 9% (a) Your Answer Correct Answer (Used) * Your answer is incorrect Compute the net sales for each year 2021 2020 Net Sales $ 380.000 5 331000 Question 3 of 8 > 075 e Textbook and Media Solution Assistance Used Attempts: 5 of 5 used (b) Compute the cost of goods sold in dollars and as a percentage of net sales for each year. (Round percentages to 1 decimal place, es 15.2%) 2021 2020 Cost of goods sold in dollars $ Cost of goods sold as a percentage of net sales X X e Textbook and Media Save for Attempts: 0 of used to Answer (0) The parts of this son must be completed in order. This part will be able when you complete the part above

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