A company had sales of $459,400 and cost of goods sold of $231,800. Calculate its gross profit.
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- The following information is available for Cooke Company for the current year: The gross margin is 40% of net sales. What is the cost of goods available for sale? a. 5840,000 b. 960,000 c. 1,200,000 d. 1,220,000A company’s net sales were $221,100, its cost of goods sold was $75,800, and its gross profit was $145,300. Calculate the gross margin ratio.Please provide answer
- A company has sales of $378,600 and its gross profit is $159,100. Its cost of goods sold equals:Calculate it's gross margin ratio? General accountingCupery Co. has net sales of $105,000, cost of goods sold of $70,000, and operating expenses of $20,000. What is its gross profit and its gross profit rate?
- Calculate it's gross margin ratio?Parkside Pool reports net sales of $551,000, gross profit of $198,000, and net income of $34,000. The company's cost of goods sold is: $551,000. $232,000. $353,000. $319,000.A company has sales of $389,000 and cost of goods sold of $174,000. What is the gross profit margin? (A) 30.02% (B) 65.27% (C) 50.69% (D) 60.66% (E)55.27%