Johnson's Furniture Store made Net Sales Revenue of $200,000 and the Cost of Goods Sold totaled $150,000. What is the gross profit percentage for this period? a. 35% b. 25% c. 75% d. 15%

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%

Stan's discount floor covering made net sales answer this question accounting

provide short answer

Determining Gross Profit During the current year, merchandise is sold for $900,000. The cost of the goods sold is $522,000. a. What is the amount of the gross profit? b. Compute the gross profit percentage (gross profit divided by sales). % c. Will the income statement always report a operating income?

Give correct gross margin

Use the Financial information is presented below to determine the Gross Profit: Operating expenses $ 40,000 Sales revenue 200,000 Cost of goods sold 150,000 a. $160,000.b. $ 40,000.c. $ 50,000.d. $ 10,000.

During the current year, merchandise is sold for $237,500 cash and $625,000 on account. The cost of the goods sold is $422,300. What is the amount of the gross profit? a.$1,284,800 b.$442,000 c.$34,800 d.$440,200

How much gross profit did Austin sound report?

Determining Gross Profit During the current year, merchandise is sold for $11,750,000. The cost of the goods sold is $7,050,000. a.  What is the amount of the gross profit?$ b.  Compute the gross profit percentage (gross profit divided by sales). Round to the nearest whole number.   % c.  When will the income statement report net income?