WW Wrap Test General An -A at Total Liabilities Merge Center $ - Alignment "A Conditions for Cell Formatting Styles Number A 11 D ABC Company Comparative Income Statement for the Years Ended December 31. 2000 2001 Net Sales 100000 50000 Cost of Sales 222222 2????? Gross Profit 222222 722292 Expenses: Administrative Exp. 5000 7000 Selling Exp. 272222 General Exp. 2000 1500 Total Expenses ?????? 222222 Profit or Loss ?????? ?????? The above table shows comparative income statement of ABC Company for the financial periods ended on December 31, of the ve Required: Use equations or functions to calculate cost of goods sold (60% of sales), gross profit, selling expenses (5% of Cost of Sales), total Change Rate of Profit, Gross Profit Margin, Rate of Return on Sales, Change Rate of Gross Profit and Change Rate of Sales. Question 2 Antenant XYZ Company Statement of Financial Position