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Solve them all please..!! 1.Net sales totaled: 2.Net sales totaled: 3. Operating Expenses Totaled: 4.Which operating expense is listed first? 5.Which operating expense is listed
Solve them all please..!!
1.Net sales totaled:
2.Net sales totaled:
3.Operating Expenses Totaled:
4.Which operating expense is listed first?
5.Which operating expense is listed last?
6.Income from operations was:
7.Income before Income Taxes was:
8.Net income was:
9.The Gross Profit Margin is:
10.The numerator (top number) to calculate the Profit Margin is:
Appreciate your effort!!
Accounting 1. Net sales totaled: 2.Gross Profit totaled: 3.Operating Expenses totaled: 4.The Gross Profit Margin is: $38,600 17,000 3,500 6,000 2,000 175,000 75,000 9,000 2,600 18,000 30,000 56,000 Cash Accounts Receivable Teaching Supplies Prepaid Insurance Prepaid Rent Store Equipment Accumulated Depreciation Store Equipment Accounts Payable Salaries Payable Long-term Notes Payable Common Stock Retained Earnings Dividends Sales Sales Discounts Sales Returns & Allowances Cost of Goods Sold Depreciation Expense - Store Equipment Wages & Salary Expense Rent Expense Research & Development Expense Advertising Expense Income Tax Expense Utilities Expense Interest Expense 15,000 779,000 4,000 12,500 465,000 20,000 82,000 30,000 28,000 14,000 19,000 16,000 22,000Step by Step Solution
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