Aspen Company has sales of $2,000,000, cost of goods sold of $200,000, and selling and administrative costs of $500,000. Aspen Company's gross margin is: A. $1,800,000. B. $1,500,000. C. $1,300,000. D. $1,700,000.

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

Starwise Company had the following amounts from its income statement: $100,000 Sales revenue 32,000 Cost of goods sold -fixed 25,000 Cost of goods sold -variable 9,000 Selling expenses - fixed Selling expenses - variable 11,000 Administrative expenses - fixed 12,000 Administrative expenses - variable 8,000 How much is Starwise's contribution margin? $56,000. O$3,000. O $75,000. $43,000.

The following information is available for Wade Corp.: Sales                                     $550,000                  Total fixed expenses               $150,000 Cost of goods sold                 390,000                  Total variable expenses            360,000 A CVP income statement would report   gross profit of $160,000. contribution margin of $400,000. gross profit of $190,000. contribution margin of $190,000.

A recent income statement of Company A reported the following data:       Units sold              8,000Sales revenue      ₱7,200,000Variable costs      ₱4,000,000Fixed costs            ₱1,600,000                      If the company desired to earn a target net profit of ₱480,000, it would have to sell:A.   1,200 units. B.   2,800 units. C.   4,000 units. D.   5,200 units.

The parts department shows gross sales of $116,000 and cost of goods sold of $38,000. What is the gross profit percentage of the parts department? a.32.8% b.48.7% c.51.3% d.67.2%

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.

If the net operating income is $10,000, the gross margin is $40,000, and the cost of goods sold is $49,500, then the sales must be: Multiple Choice $99,500. $129,000. $89,500. $139,000.

Kingsbury Manufacturing has net sales revenue of $940,000, cost of goods sold of $346,400, and all other expenses of $329,200. The net profit margin is:   Multiple Choice   0.76   0.72   0.63   0.28

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