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Gross Profit the Table Below Contains Information from a Recent

Question 104

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Gross profit The table below contains information from a recent annual report of Molloy, Inc. (Dollar amounts are stated in millions.) Fill in the missing amounts.
20092010 Net sales $28,800$32,200 Cost of goods  sold ?$16,600 Gross profit $12,200?\begin{array} { | l | l | l | } \hline & 2009 & 2010 \\\hline \text { Net sales } & \$ 28,800 & \$ 32,200 \\\hline \begin{array} { l } \text { Cost of goods } \\\text { sold }\end{array} & ? & \$ 16,600 \\\hline \text { Gross profit } & \$ 12,200 & ? \\\hline\end{array}

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