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%
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- A company's net sales were $724,200, its cost of goods sold was $244,050 and its net income was $60,000. Its gross margin ratio equals: Multiple Choice 8.3%. ○ о 24.6%. 33.7%. 66.3%. 296.7%.Compute Profit Margin if Net İncome:2.026 ; Sales:17.193 ;Total Assets: 31.483 ; Total Equity: 12.804.a) 6.44%b) 14.00%c) 15.82%d) 11.78%A company has sales of $763,000 and cost of goods sold of $306,000 it's gross profit equals what? A. (457,000) B. 763,000 C. 306,000 D. 457,000 E. 1069,000
- A company made net sales revenue of $500,000, and cost of goods sold totaled $300,000. Calculate its gross profit percentage. A. 100% B. 60% C. 315% D. 40%A company had a profit margin of 15%. If net income equaled $44,000 and average total assets equaled $335,000, how much were net sales? (Rounded to the nearest whole dollar.) A. $293,333 B. $6,600 C. $223 D. $50,250 E. $291,000Accounting BONUS MARK: A small manufacturing firm, 'G&N Ltd' makes whistles. During November 2,600 whistles were manufactured and 1,450 whistles were sold. Data from the November report are shown below. %24 Selling expenses 25,340 Direct labour 37,752 Interest expense 7,135 Manufacturing 32,760 overhead Direct materials 61,464 Administrative 19,675 expenses
- A company's net sales were S676,600, its cost of goods sold was $236,810 and its net income was $33,750, Its gross margin ratio equals Multiple Choice 2857% 35% 5% 65% 96%If a company has sales revenue of $631000, net sales of $500000, and cost of goods sold of $385000, the gross profit rate is 77%. 61%. 39%. 23%.Calculate the gross and net profits (in $) and the two profit margins (as %s) for the given company. (Round profit margins to the nearest tenth of a percent.) Gross Profit Margin (%) 38.43 % Company Net Sales an optometry store $340,735 Cost of Goods Sold $209,655 $ Gross Profit Operating Expenses $83,921 Net Profit $ 47,159 ✓ Net Profit Margin (%) %
- A company has $550,000 in net sales and $193,000 in gross profit. This means its cost of goods sold equals a. $743,000. c. $357,000. e. $(193,000). b. $550,000. d. $193,000.A company’s net sales were $221,100, its cost of goods sold was $75,800, and its gross profit was $145,300. Calculate the gross margin ratio.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