Business, 28.05.2021 14:00 destiny3200

Fill in the missing amounts. Crane Company Sheridan Company
Sales revenue $94,200 $enter a dollar amount Sales returns and allowances enter a dollar amount $ 3,000 Net sales 80,200 100,000 Cost of goods sold 54,200 enter a dollar amount Gross profit $enter a subtotal of the two previous amounts 50,000 Operating expenses 14,700 enter a dollar amount Net income $enter a total net income 15,600
Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e. g. 15.5%. )
Crane Company Sheridan Company
Profit margin
Gross profit rate
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Fill in the missing amounts. Crane Company Sheridan Company
Sales revenue $94,200 $enter a d...

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