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2013 income statement sales 260730000 cogs 4000 of sales

Consider the following incomplete income statement:

2013 Income Statement Sales $2,607,300.00 COGS 40.00% of sales Gross Profit Margin 60.00% of sales Selling & Administrative $786,600.00 Depreciation & Amortization Operating Profit Margin 12.00%

What is the cost of goods sold for 2013?

Answer Format: Currency: Round to: 2 decimal places

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Business Economics: 2013 income statement sales 260730000 cogs 4000 of sales

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