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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
A company has net sales of $126,000, cost of goods sold of $72,000, operating expenses of $38,000, and other expenses of $3,000. The company's gross profit percentage is approximately:
A) 0.127.
B) 0.103.
C) 0.241.
D) 0.429.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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7 years ago
Helped a lot
mkyoungs
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
lubennick
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2 hours ago
Thanks
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