If Indiana Ink, Inc. has net sales of $400,000 and cost of goods sold of $300,000, Indiana Ink's gross profit rate is a. 75%. b. 33% c. 25%. d. 100%.

If Swifty Corporation has net sales of $515000 and cost of goods sold of $365000, Swifty gross profit rate is 71%. 41%. 100%. 29%.

1.

SCC Corporation sells its merchandise at a gross profit of 30%. if the total sales are P 1,200,000 and purchases are P 250,000, How much is the cost of good sold? a. 360,000 b. 590,000 c. 840,000 d. 1,090,000

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%.

please provide correct option

Assume Old Oak Winery made Net Sales Revenue of $73,000 and Cost of Goods Sold totaled $50,000. What was Old Oak Winery's gross profit percentage for this period? (Round your answer to the nearest whole percent.) OA. 2.5 times OB. 4% OC. 32% OD. 68%

The following data relates to Campus Goods Inc:                                            Amount in $ Revenue                              400000 Operating Profit                     20% cost of good sold                   55% Operating Expense ( as % of revenue )   25%   Required: Based on the above data determine the following:   8A. Cost of Goods Sold in $ is ___________. 250,000 100,000 150,000 220,000       8B. Gross Profit in $ and % is ___________ and ___________ respectively. 250,000 and 20% 180,0000 and 40% 180,000 and 45% 220,000 and 45%         8C. Operating expenses is ___________. 100,000 150,000 200,000 120,000     8D. Operating profit in $ is ___________. 55,000 65,000 80,000 70,000

How much gross profit did Austin sound report?

A company has sales of $695,000 and cost of goods sold of $278,000. Its gross profit equals: Multiple Choice $(417,000). $695,000. $278,000. $417,000. $973,000.