Required information pa6-5 preparing a multistep income statement and computing the gross profit percentage [lo 6-5] [the following information applies to the questions displayed below.] big tommy corporation is a local grocery store organized seven years ago as a corporation. the bookkeeper prepared the following statement at year-end (assume that all amounts are correct, but note the incorrect format): big tommy corporation profit and loss december 31 debit credit net sales $ 356,700 cost of goods sold $ 255,000 salaries and wages expense 52,000 office expenses 11,500 travel expenses 1,000 income tax expense 11,160 net profit 26,040 totals $ 356,700 $ 356,700 pa6-5 part 2 compute the gross profit percentage. (round your answer to 1 decimal place.)

In business,what would be the input, conversion and output of operating a summer band camp

Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?