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  3. please calculate: gross profit operating expenses

Please calculate: Gross Profit Operating Expenses Operating Profit Gross Profit Margin Ratio Operating Profit...

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Question

Accounting

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Please calculate:

Gross Profit

Operating Expenses

Operating Profit

Gross Profit Margin Ratio

Operating Profit Ratio

Please make it as detailed as possible and show me steps

Exhibit 5 Company X - Profit and Loss Statement, 2015-2019 2015 2016 2017 2018 2019 (Forecasted) Revenue Cost of Goods Sold Operating Expenses Operating Income $354,755 $129,660 $406,510 ($181,415) $544,369 $ 136,648 $722,701 ($314,980) $ 643,931 $258,979 $1,372,980 ($988,028) $388,398 $262,001 $2,346,414 ($2,220,017) $480,000 $510,000 $2,270,000 ($ 2,300,000) Source: Company documents. Exhibit 7 Company X- Sales by Product, 2015-2019 2015 2016 2017 2018 2019 (Forecasted) Hardware sales Media Sales SAAS Income (Atlas) Other Income Total $367,736 $0 $0 ($12,981) $354,755 $497,95 $0 $38,617 $7,799 $544,369 $566,551 $8,250 $44,174 $24,956 $643,931 $296,469 $70,768 $25,389 ($4,228) $388,398 $60,000 $410,000 $0 $10,000 $480,000

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