Their total operating expenses are 5000000 what is xyz

Reference no: EM13456223

XYZ Company has gross sales of $280,000.00, starting inventory of $15,500.00, sales returns of $6,000.00 and allowances of $300.00. They purchase $70,000.00 of goods and they end the period with $11,080 in inventory. Their total operating expenses are $50,000.00. What is XYZ gross profit from sales and their net income for the period?

Reference no: EM13456223

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Their total operating expenses are 5000000 what is xyz

Reference no: EM13456223

Reference no: EM13456223

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