Top Posters
Since Sunday
y
2
s
2
a
1
w
1
w
1
i
1
m
1
s
1
c
1
k
1
1
m
1
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
tivo tivo
wrote...
Go to Answer
Posts: 1776
Rep: 1 0
7 years ago
If a company has net sales of $134,000, gross profit of $48,000, and $14,000 net income. The net income percentage would be approximately 36%.
Is this statement one that's true or false?
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 292 times
2 Replies
Replies
Answer verified by a subject expert
antonio_johnantonio_john
wrote...
#1
Top Poster
Posts: 898
Rep: 47 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Massachusetts Institute of Technology
-- Accounting

Related Topics

tivo Author
wrote...
#2
7 years ago
I appreciate it once again, answered correctly
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1004 People Browsing
 171 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4464
  
 151
  
 264
Your Opinion
Previous poll results: Who will win the 2024 president election?