Sales revenue                            400,000        Total Revenue                                               400,000 Expenditure Cost of goods sold                    160,000 Marketing Expense                      70,000 Administrative Expense                50,000 Depreciation Expense                   20,00          Total Expense                                            300,000 Income before tax                                             100,000 Less: Income tax                                                  20,000           Net Income                                                80,000 What are the firms gross profit margin, operating profit margin, and the net profit?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sales revenue                            400,000

       Total Revenue                                               400,000

Expenditure

Cost of goods sold                    160,000

Marketing Expense                      70,000

Administrative Expense                50,000

Depreciation Expense                   20,00

         Total Expense                                            300,000

Income before tax                                             100,000

Less: Income tax                                                  20,000

          Net Income                                                80,000

What are the firms gross profit margin, operating profit margin, and the net profit?

 

 

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