Weygandt, Financial Accounting, 10e Exercise 5-12 In 2019, Concord Corporation had net sales of $906,300 and cost of goods sold of $61,100.Operating expenses were $223,400, and interest expense was $14,900. Concord step income statement. $561,100. Operating expenses were $223,400, and interest expense was $14,900. Concord prepares a mutiple Compute Concerd's gross profit. Gross profit Compute the gross profit rate. (Round answer to 1 decimal place, e 25.2%.) Gross profit rate What is Concord's income from operations and net income Income from operations If Concord prepared a sngle-step income statement, what amount would it report for net inceme Net income in Cruz's siegle-step income statement tn what section e#s classified balance sheet should Concord report inventory Type here to search