Consider the following incomplete table of merchandiser’s profit
Consider the following incomplete table of merchandiser’s profit.
Consider the following incomplete table of merchandiser’s profit data:
Sales Sales Discount Net Sales Cost of Goods Sold Gross Profit
$ 89,500 1,560 87,940 60,200 (a)
$ 103,600 (b) 99,220 (c) 34,020
$ 66,200 2,000 (d) 40,500 (e)
(f) 2,980 (g) 75,800 36,720
Requirement
1. Calculate the missing table values to complete the table.
Consider the following incomplete table of merchandiser’s profit
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