Financial Cases are presented in the following table for your completion:
|
Financial Cases
|
Case 1
|
Case 2
|
Case 3
|
|
Net Sales
|
250,000
|
170,000
|
?
|
|
Gross Profit
|
100,000
|
?
|
90,000
|
|
Operating Income
|
?
|
?
|
25,140
|
|
Operating Expenses
|
75,000
|
60,000
|
?
|
|
Cost Of Goods Sold
|
?
|
92,700
|
155,500
|
|
Gross Profit Margin %
|
?
|
?
|
?
|
Financial Cases with answers are presented in the following table:
|
Financial Cases
|
Case 1
|
Case 2
|
Case 3
|
|
Net Sales
|
250,000
|
170,000
|
245,500
|
|
Gross Profit
|
100,000
|
77,300
|
90,000
|
|
Operating Income
|
25,000
|
17,300
|
25,140
|
|
Operating Expenses
|
75,000
|
60,000
|
64,860
|
|
Cost Of Goods Sold
|
150,000
|
92,700
|
155,500
|
|
Gross Profit Margin %
|
40.0%
|
45.5%
|
36.7%
|
| | |