Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
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Textbook Question
Chapter 15.III, Problem 25RE
Calculate the gross and net profits and the two profit margins for the following companies.
Company | Net Sales | Cost of Goods Sold | GrossProfit | OperatingExpenses | Net Profit | Gross Profit Margin (%) | Net Profit Margin (%) | |||||||||
25. | Plant World | $640,000 | $414,010 | $226,000 | $112,600 | $113,400 | 35.3 | 17.7 |
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Chapter 15 Solutions
Contemporary Mathematics for Business & Consumers
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