Business, 15.02.2021 20:30, Marqiuse412

Financial information for two companies are presented below. Fill in the missing amounts. Oriole Company Ivanhoe CompanySales revenue $90,800 $enter a dollar amount Sales returns and allowancesenter a dollar amount $ 5,000Net sales 80,000 135,000Cost of goods sold 54,000 enter a dollar amountGross profit $enter a subtotal of the two previous amounts 43,000Operating expenses14,520 enter a dollar amountNet income $enter a total net income 18,200Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e. g. 15.5%.)Oriole Company Ivanhoe CompanyProfit margin enter percentages rounded to 1 decimal place% enter percentages rounded to 1 decimal place% Gross profit rate enter percentages rounded to 1 decimal place % enter percentages rounded to 1 decimal place %

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Financial information for two companies are presented below. Fill in the missing amounts. Oriole Com...