Compute the gross margin considering the following information from Kelly's Kandles. Sales $133,200 Selling Expenses 13,500 General and Administrative 16,100 Expenses Net income before tax 49,700 Net income 40,100

Perform a vertical analysis...

I need this question answer general Accounting

Consider the following income statement: Sales Costs $ 602,184 391,776 Depreciation 89,100 Taxes Calculate the EBIT. EBIT 21% Calculate the net income. Net income

Please help me with show all calculation thanku

Calculate the common size percentages and answer the questions below.

Revenue and expense data for Rogan Technologies Co. are as follows:   20Y8 20Y7 Sales $701,000   $610,000   Cost of goods sold 434,620   347,700   Selling expenses 105,150   103,700   Administrative expenses 119,170   122,000   Income tax expense 21,030   12,200   a.  Prepare an income statement in comparative form, stating each item for both 20Y8 and 20Y7 as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as a positive number. Rogan Technologies Co. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y7   20Y8 Amount 20Y8 Percent 20Y7 Amount 20Y7 Percent   $fill in the blank 6de34503cfdf061_2 fill in the blank 6de34503cfdf061_3% $fill in the blank 6de34503cfdf061_4 fill in the blank 6de34503cfdf061_5%   fill in the blank 6de34503cfdf061_7 fill in the blank 6de34503cfdf061_8% fill in the blank 6de34503cfdf061_9 fill in the blank 6de34503cfdf061_10% Gross profit $fill in the blank…

In a common-sized income statement, 100% is the a. net cost of goods sold b. gross profit c. sales d. net income

5. For common-size statement of comprehensive income , _______________ is set 100% a. Net Sales b. Gross Profit c. Net Income d. Total Asset

The following information is available for Cooke Company for the current year: The gross margin is 40% of net sales. What is the cost of goods available for sale? a. 5840,000 b. 960,000 c. 1,200,000 d. 1,220,000