Financial ratios for cost of goods sold and gross profit

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Reference no: EM13771569

Use the income statement below to find the financial ratios for (a) cost of goods sold, (b) gross profit, (c) operating expense, and (d) net income before taxes.

Income Statement

Net Sales $683,000

Cost of goods sold 190,000

Gross Profit ______

Operating Expenses 300,000

Net income before taxes $______

Reference no: EM13771569

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