Business
Business, 12.08.2020 06:01, mantha0402

Calculate gross profit ratio and cost of goods sold Refer to the consolidated statements of earnings in the Campbell Soup Company annual report in the appendix. Required:
a. Calculate the gross profit ratio for each of the past three years.
b. Assume that Campbell's net sales for the first four months of 2015 totaled 527 billion. Calculate an estimated cost of goods sold and gross profit for the four months.

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Calculate gross profit ratio and cost of goods sold Refer to the consolidated statements of earnings...

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