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(Solved): Simulation 2 Financial information is presented here for two companies: Brimmes Company ...



Simulation 2 Financial information is presented here for two companies: Brimmes Company Elridge Company Sales $ 90,000 ? Sales Returns ? $ 5,000 Net Sales 81,000 95,000 Cost of Goods Sold 56,000 ? Gross Profit ? 38,000 Operating Expenses 15,000 ? Profit ? 15,000 Instructions a) Fill in the missing amounts. Show all calculations. b) Calculate the gross profit margin and profit margin for each company. Comment on the results



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