questions 27-34

Thank you

Page Use the following to answer questions 27-34 Victory Corporation reports the following amounts in its December 31, 20XF income statement: Sales Net sales income tax expense Sales returns Interest expense 1,140,600 Advertising expense 1,126,400 Salaries expense 6,630 14,200 12,400 Cost of goods sold Utilities expense Average shares outstanding $289,300 201,500 580,100 21,000 100,000 27. SDetermine gross profit: 28. S 29. $ 30. $ 31. 32, %, calculate the profit margin (rounded to one decimal place) 33. Calculate Earnings per Share (two decimal places) 34. $ Determine operating expenses Determine Income before income taxes (IBT): termine net income %, calculate gross profit ratio (rounded to one decimal place) If ending inventory consisted of $45,200 and beginning inventory was $36,900 how much purchased during the year? inventory was