Sales revenue 476 800 purchase 412 800 gross profit 64 000 selling expenses 20 000 admin cost 7 200 operating profit 36 800 questions: 1) if a company has a markup of 23% and a sales revenue of £130,597, then what is the cost of sales in whole £'s? 2) if a company has a net margin of 50%, gross margin of 66.67% and the costs of sale of £150,000, then what is the sales revenue and overhead?
Sales revenue 476 800 purchase 412 800 gross profit 64 000 selling expenses 20 000 admin cost 7 200 operating profit 36 800 questions: 1) if a company has a markup of 23% and a sales revenue of £130,597, then what is the cost of sales in whole £'s? 2) if a company has a net margin of 50%, gross margin of 66.67% and the costs of sale of £150,000, then what is the sales revenue and overhead?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Sales revenue 476 800
purchase 412 800
gross profit 64 000
selling expenses 20 000
admin cost 7 200
operating profit 36 800
questions:
1) if a company has a markup of 23% and a sales revenue of £130,597, then what is the cost of sales in whole £'s?
2) if a company has a net margin of 50%, gross margin of 66.67% and the costs of sale of £150,000, then what is the sales revenue and
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