WAlso what is operating expense in dollar 2019 - 2018

Operating expenses as a percentage of net sales 2019 2018

The following information was taken from the financial statements of Lawson Company: 2019 Gross profit on sales Income before income taxes Net income Net income as a percentage of net sales $900,000 280,000 240,000 8 % 2018 $840,000 230,000 216,000 9 % Compute the net sales for each year. 2019 2018 Net Sales $ $ Compute the cost of goods sold in dollars and as a percentage of net sales for each year. 2019 2018 Cost of goods sold in dollars $ $ Cost of goods sold as a percentage of net sales % %