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Revenue and expense data for the current calendar year for Dawg Electronics Company and for the electronics industry are as follows. Dawg Electronics Company data

Revenue and expense data for the current calendar year for Dawg Electronics Company and for the electronics industry are as follows. Dawg Electronics Company data are expressed in dollars. The electronics industry averages are expressed in percentages.

Dawg Electronics Company Electronics Industry Average
Sales $2,510,000 100 %
Cost of goods sold (1,355,400) (60)
Gross profit $1,154,600 40 %
Selling expenses $(702,800) (17) %
Administrative expenses (276,100) (17)
Total operating expenses $(978,900) (34) %
Operating income $175,700 6 %
Other revenue and expense:
Other revenue 50,200 4
Other expense (25,100) (3)
Income before income tax $200,800 7 %
Dawg Electronics Company Amount Dawg Electronics Company Percent Electronics Industry Average
Sales $2,510,000 fill in the blank 314f16f7ff9f01a_1% 100%
Cost of goods sold (1,355,400) fill in the blank 314f16f7ff9f01a_2% (60)%
Gross profit $1,154,600 fill in the blank 314f16f7ff9f01a_3% 40%
Selling expenses $(702,800) fill in the blank 314f16f7ff9f01a_4% (17)%
Administrative expenses (276,100) fill in the blank 314f16f7ff9f01a_5% (17)%
Total operating expenses $(978,900) fill in the blank 314f16f7ff9f01a_6% (34)%
Operating income $175,700 fill in the blank 314f16f7ff9f01a_7% 6%
Other revenue and expense: blank blank blank
Other revenue 50,200 fill in the blank 314f16f7ff9f01a_8% 4%
Other expense (25,100) fill in the blank 314f16f7ff9f01a_9% (3)%
Income before income tax $200,800 fill in the blank 314f16f7ff9f01a_10% 7%
Income tax expense (75,300) fill in the blank 314f16f7ff9f01a_11% (5)%
Net income $125,500 fill in the blank 314f16f7ff9f01a_12% 2%

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