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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
Salty's Surfshop reported Net Sales of $258,000, Cost of Goods Sold of $110,500, Operating Expenses of $62,400, and Income Tax Expense of 21,600. Salty's gross profit margin percentage was:
A) 32.98.
B) 42.83.
C) 57.17.
D) 24.61.
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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#2
7 years ago
Thank you so much

I wish I knew about this years ago
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