If sales are $100,000 and gross profit is $40,000, what is the gross margin percentage? A) 25% B) 30% C) 35% D) 40%
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- 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 the gross profit margin is 20% and the cost of goods sold is $120,000, what is the amount of revenue? $100,000 $250,000 $150,000 $200,000ACCOUNT
- If sales is $100,000 and the gross profit markup is 25%, what is the amount for gross profit? $20,000 $25,000 $120,000 $125,000If Sales are $2,000,000 and the Break Even point is $1,500,000. What is the Margin of Safety (ratio)? A. 33% B. 175% C. 25% D. 75%2. You have the following information: Sales= JD 300 000 Net profit margin= 20%. Required: Calculate Net Income