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rolpace88 rolpace88
wrote...
Posts: 3242
8 years ago
Find the gross profit margin ratio if The Rose Garden Cafeteria had net sales of $395,281, and its cost of goods sold was $180,042. Round to three decimal places.
A) 0.455 to 1
B) 2.195 to 1
C) 1.195 to 1
D) 0.545 to 1
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 348 times
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MillionMillion
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Posts: 3708
8 years ago
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rolpace88 Author
wrote...
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
wrote...
8 years ago
You're welcome
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