A company has net sales of $770,300 and cost of goods sold of $556,300. Its net income is $21,910. The company's gross margin and operating expenses, respectively, are:

a company has net sales of 814100 and cost of goods sold of 588100 its net income is 32410 the company’s gross margin and operating expenses respectively

A company's gross profit (or gross margin) was $73,920 and its net sales were $352, 000. Its gross margin ratio is: A.21% B.73, 670 C.66% D.276, 130 E.1%

A company has a net profit margin of 5%, an operating profit margin of 10%, and a gross profit margin of 25%. Sales revenue amounted P7,500,000. The general and administrative, and selling expenses are P1,125,000. Determine the amount of cost of goods sold. * G

Parkside Pool reports net sales of $551,000, gross profit of $198,000, and net income of $34,000. The company's cost of goods sold is: $551,000. $232,000. $353,000. $319,000.

Shown here is an income statement in the traditional format for a firm with a sales volume of 17,500 units:   Revenues $ 175,500   Cost of goods sold ($11,500 + $2.95/unit) 69,025   Gross profit $ 106,475   Operating expenses: Selling ($2,000 + $1.20/unit) 25,400   Administration ($5,250 + $0.45/unit) 14,025   Operating income $ 67,050   Required: a. Prepare an income statement in the contribution margin format. Contribution Margin Income Statement Variable expenses: Total variable expenses 0 0 Fixed expenses: Total fixed expenses 0 $0   b. Calculate the contribution margin per unit and the contribution margin ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)   c|. Calculate the firm's operating income (or loss) if the volume changed from 19,500 units to 1. 24,500 units. 2. 11,500 units.   d. Refer to your answer to part a when total revenues were $175,500. Calculate the firm's operating income (or loss) if unit selling price and variable expense…

If a company has $575,983 in revenues and $267,198 in total expenses, what is their percentage of net income to revenues?