Sales $185,000 Gross Profit $ 68,500 Calculate GP Ratio Round answers to 0 decimal places.

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Assume the following sales data for a company: Year 2 $562,500 Year 1 $450,000 What is the percentage increase in sales from Year 1 to Year 2 (to the nearest whole percent)? O a. 20% O b. 125% О с. 25% O d. 80%

Help Save & Exit Submit Martinez Corporation reported net sales of $769,000, net income of $138,000, and total assets of $7,674,336. The profit margin is: Multiple Choice 557.0%. 5.57%. 82.05%. 6:35 PM 3/28/2022 Insert Prt Sc F12 Del F8 F9 F10 F7 ock

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K A store manager paid $180 for an item and set the selling price at $252.00. What was the percent markup? OA. 38% B. 28% 39% 40% O C. D.

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Year 1      Year 2     YR 1    YR2Sales (S)          $ 614,405.00      $ 600,343.00           Cost of Good Sold (COGS)          $ 385,101.00      $ 473,396.00           Gross Profit (GP)          $ 229,304.00      $ 226,947.00                                   Calculate the following: (round to nearest percent)          Answer     Answer(a) Mark-up percent for year 1        (b) Mark-up percent for year 2          (c) Gross Profit for year 1        (d) Gross Profit for year 2

+ Question:8 Sales COGS Gross profit G&A expenses Sales & Marketing expenses Depreciation Operating income Interest $575,000 $ 1,600,000 $200,000 $ 50,000 $ 100,000 Income Before taxes Income taxes Net income 1: Calculate Sales. 30% $ 700,000 2. Calculate Income before taxes. Taxes are 30%, so you know the Net Income (Y) is a percent of "Income before taxes" (X). 3. Calculate the Income tax figure. 4. Calculate Operating Income.

20.1 A business has compiled the following information for the year ended 31 October 20X2: 38 mins $ 386,200 989,000 422,700 Opening inventory Purchases Closing inventory The gross profit as a percentage of sales is always 40% Based on these figures, what is the sales revenue for the year? $952,500 $1,333,500 $1,587,500 A C $1.524.000