Answered: Hayward Co. reported net sales revenues…

Hayward Co. reported net sales revenues of $20.0 billion and cost of goods sold of $6.1 billion. Its gross profit percentage was: O 43.6%. O 30.5%. O 11.9%. 0695%

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...

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Please help me to solve this problem

Hayward Co. reported net sales revenues of $20.0 billion and cost of goods sold of $6.1 billion. Its
gross profit percentage was:
O 43.6%.
30.5%.
O 11.9%.
O 69.5%.
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