If Cost of Goods sold is 360,000 and the gross profit rate is 40%, what is the gross profit?
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What is the gross profit on these general accounting question?
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- A product has a sales price of $175 and a per-unit contribution margin of $75. What is the contribution margin ratio?If cost of goods sold is $520,000 and the gross profit rate is 20%, what is the gross profit? Select one: a. $2,600,000. b. $130,000. c. $ 520,000. d. $416,000.If cost of goods sold is Rs. 680,000 and the gross profit rate is 50%, what is the gross profit?
- Suppose the net sales is 1,60,000 for a firm and cost of goods sold is 40,000. Calculate gross profit ratio,If the gross profit rate on cost is 30%, what is the equivalent rate based on sales? (whole number and indicate % without space)If a company's cost of sales divided by total sales results in 70 percent, how much does the company pay for an item that it sells for $100?
- Net margin is 30% of the gross sales of 150,000. With Cost of Goods Sold amounting to 50,000, what percentage of total sales are expenses other than cost of sales?A. B.C.D.3. If the mark-up based on cost is 50%, what is the mark-up based on sales? If the gross profit rate based on cost is 42 86% uho TwhatiThe gross profit margin of WALA company is 40%. If the gross profit is ₱332,560.00, how much is the cost of goods sold? ₱150,450.00 ₱831,400.00 ₱498,840.00 ₱182,110.00
- The rate of markup on cost on a product selling at $64.50 is 45%. What is the cost of the product to the retailer? What is the rate of markup on selling price?What is your cost of goods sold?Al Shahba has net sales are RO 57500 and gross profit rate is 45% of net sales, then estimated cost of goods sold will be: a. RO 28750 b. RO 31625 c. RO 23000 d. RO 25875