Log in

View Full Version : A company had net sales of $752,000 and cost of goods sold of $543,000. Its net incom


Alyaa
Mar 6, 2016, 04:33 PM
A company had net sales of $752,000 and cost of goods sold of $543,000. Its net income was $17,530. The company's gross margin ratio equals:
18.9%
24.5%
27.8%
34.7%
35.2%

ma0641
Mar 6, 2016, 04:55 PM
Google " gross margin calculation".