Suppose Austin Sound had sales of $300,000 and sales returns of $45,000. Cost of goods sold was $152,000. How much gross profit did Austin Sound report? a. $148,000 b. $103,000 c. $255,000 d. $88,000

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If cost of goods sold is $520,000 and the gross profit rate is 20%, what is the gross profit? Select one: a. $2,600,000. b. $130,000. c. $ 520,000. d. $416,000.

What is the gross profit?

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What is the profit margin?

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1. Given this information, what is the profit percent?  Format your answer to two decimal places and add a %-sign (i.e. 4.52%) Net Sales  $561,800 Cost of Goods Sold      275,280 Expenses  253,936 2. Given this information, what is the profit dollars?  Round your answer to the dollar and add a dollar sign and comma separator  (i.e. $15,467) Net Sales  $561,800 Cost of Goods Sold      275,280 Expenses  253,936 3. Given the information below, what is the profit dollars?  Round your answer to the dollar and add a dollar sign and comma separator  (i.e. $15,467) Gross Sales $341,420 Customer Returns 29,870 Cost of Goods Sold 161,570 Expenses 138,140 4. Given the information below, what is the profit percent?  Round your answer to two decimal places and add a percent sign (i.e. 15.37%)   Gross Sales $341,420 Customer Returns 29,870 Cost of Goods Sold 161,570 Expenses 138,140   5. Given the information below, what are…

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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.