QuestionFill in the blanks:FILL - UP THE MISSING AMOUNTS:SalesCGSGP40%Expenses421,800Net Profit58,200INSTRUCTIONS: DO NOT USE PESO SIGN AND COMMA IN ENCCCOMMA. ALL ANSWERS ARE IN WHOLE AMOUNT, NO CENTS.

The gross profit is calculated as difference between sales and cost of goods sold. The operating…

Answered: FILL -UP THE MISSING AMOUNTS: Sales CGS…

Business

Accounting

FILL -UP THE MISSING AMOUNTS: Sales CGS GP 40% Expenses 421,800 Net Profit 58,200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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