If a gross margin of $35,000 is 28% of net sales revenues, then net sales revenues must be: a. $9,800 b. $25,200 c. $100,000 d. $125,000 e. none of these
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- b. Assume that more than one product is being sold in each of the four following case situations:AverageContribution Net OperatingVariable Margin Fixed IncomeCase Sales Expenses Ratio Expenses (Loss)1 ........................ $500,000 ? 20% ? $7,0002 ........................ $400,000 $260,000 ? $100,000 ?3 ........................ ? ? 60% $130,000 $20,0004 ........................ $600,000 $420,000 ? ? $(5,000)Given a profit margin = 15%, ROE = 25%, D/E = 1.25, and assets = $600, please calculate sales.The sales price for a product provides a gross profit of 20% of sales price. What is the gross profit as a percentage of cost? a. 17%. b. 20%. c. 25%. d. Not enough information is provided to determine.
- Can you please give answer this accounting question ?1-a. What is Harold’s ‘argon of safety (MOS) in dollars? 1-b. What is the margin of safety (MOS) ratio? 3. What is Harold’s margin of safety (in dollars) and operating profit if sales should fall to $510,000?What is the gross profit? Please given solution