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The following information was taken from the financial statements of Bjorg Company: Gross profit on sales 014 2013 Net incom Net income as a percentage

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The following information was taken from the financial statements of Bjorg Company: Gross profit on sales 014 2013 Net incom Net income as a percentage of net sale 230,000 221,000 180,000 153,000 10% 9% Instructions: (12 points-2 points each) Compute the net sales for each year. 5. 2014 186bo 6. 2013 2100+000 Compute the cost of goods sold in dollars and as a percentage of net sales for each year. 7. 2014 8. 2013 tage of net sales for each year. (Income taxes are not operating expenses). 9. 2014 10. 2013

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