Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
bravata bravata
wrote...
Posts: 1417
Rep: 1 0
7 years ago
Island Industries, Inc. reported Net Sales of $306,000, Cost of Goods Sold of $192,600, Operating Expenses of $58,900, and Income Tax Expense of 12,300. Island Industries' net income percentage was:
A) 37.06.
B) 13.79.
C) 62.94.
D) 17.81.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 108 times
1 Reply
Replies
Answer verified by a subject expert
antonio_johnantonio_john
wrote...
Top Poster
Posts: 898
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

bravata Author
wrote...

7 years ago
Helped a lot
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1107 People Browsing
Related Images
  
 2128
  
 265
  
 6
Your Opinion
Which is the best fuel for late night cramming?
Votes: 144