Question: Computing cost of goods sold in a periodic inventory system Zeta Electric uses the periodic inventory system. Zeta reported the following selected amounts at May 31, 2016:
![335_Freight.png](https://secure.tutorsglobe.com/CMSImages/335_Freight.png)
Compute the following for Zeta:
a. Net sales revenue.
b. Cost of goods sold.
c. Gross profit.