reatail marketing

Skeletal statements help us better understand the relationship between sales volume, cost of merchandise sold and expenses which are the basic factors found in an income statement True False question 3 (1 point) Given the following data what is the Cost of Goods Sold in dollars? Gross sales is $120,00.00, customer returns is $18, 562.00, Gross margin is $45, 220.00, and profit is $4,000.00 O $56,218.00 O $41, 220.00 $74,780.00 $21.856.00 uestion 4 (1 point) Given the following data what is the profit in dollarsS? Net sales $14.000.00; Cost of Goods sold 57. 200.00; Expense $5.900.00: Expense percent 38% $900.00 O $1,300.00 515.526.00 58,326.00 Stand Jestion 511 point The linen destment had net sales of $80,000.00. There was a loss of Zeland