Cost of Goods Sold and
Interest Expense

by Kim
(South Africa)

(Please note that in the following question R = Rands, which is the South African currency)

a) Sales totaled R15,000,000
b) Cash R370,000
c) Marketable securities R259,000
d) Cash equivalents R250,900
e) Operating profit margin 35%
f) Operating expenses R3,250,000
g) Inventory turnover 6.0
h) There are 365 days in a year
i) The average collection period was 40 days
j) The current ratio is 1.75
k) The total asset turnover 1
l) The debt ratio is 60%
m) Net profit margin 8%
n) Return on equity 20%
o) Tax rate 40%
p) Notes payable R25,000
q) Retained earnings R60,000

CAN ANYONE PLS ANSWER WHAT IS THE AMOUNT FOR COST OF GOODS SOLD AND THE INTEREST EXPENSE?