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Financial information for two companies are presented below. CALCULATOR COURCES napter 5 Fill in the missing…
Financial information for two companies are presented below. CALCULATOR COURCES napter 5 Fill in the missing amounts. -08 -09 – 10 -11 Sales revenue Whispering Winds Corp. Metlock, Inc. $88,000 b Sales returns and allowances 4,800 Net sales Study 82,000 104,000 Cost of goods sold 53,300 Gross profit 38,480 Operating expenses 14,760 Net income 19,760 Calculate the profit margin and the gross profit rate for each company. (Round answers to o decimal place Whispering Winds Corp. Metlock, Inc. % Profit margin Gross profit rate % Click if you would like to Show Work for this question nnen show Work
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