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Use the following to answer questions 23- 30 PM Corp. reported the following income statement results: 23. $ Calculate Net sales 24. $ Calculate Cost
Use the following to answer questions 23- 30 PM Corp. reported the following income statement results: 23. $ Calculate Net sales 24. \$ Calculate Cost of Goods Sold 25. $ Calculate operating income 26. $ Calculate Income before Income tax (IBT) 27. $ Calculate income tax expense 28. \%. Calculate the gross profit margin (one decimal place) 29. \%. Calculate the profit margin (one decimal place) 30. $ Assume the company had a loss (instead of the gain) determine IBT
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