Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as positi

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as positi

Post by answerhappygod »

Calculate The Missing Amounts Loss Amounts Should Be Indicated With A Minus Sign And Input All Other Amounts As Positi 1
Calculate The Missing Amounts Loss Amounts Should Be Indicated With A Minus Sign And Input All Other Amounts As Positi 1 (35.85 KiB) Viewed 9 times
Calculate the missing amounts. (Loss amounts should be indicated with a minus sign and input all other amounts as positive values. Do not round intermediate calculations. Round "Gross profit ratio" to 2 decimal places.) Sales Sales discounts Sales returns and allowances Net sales Cost of goods sold Gross profit from sales Selling expenses Administrative expenses Total operating expenses Profit (loss) Gross profit ratio $ 2020 Company A 249,000 2,490 150,100 50,300 17,220 24,900 % $ 2019 173,000 15,300 155,850 18,300 44,600 13,700 % 2020 Company B 1,000 4,800 56,300 47,700 24,300 29,000 % $ 2019 41,500 430 38,500 17,900 8,300 1,300 % Save & Exit
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply