Multiple Choice
Housing Repair Co. has total revenue of $100,000. COGS is $40,000. The company's gross profit margin is ________.
A) 0) 40
B) 1) 40
C) 0) 67
D) 0) 60
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: Financial statements represent what has happened in
Q32: Your boss asks you to email a
Q33: Factoring is the process of selling accounts
Q34: If a company has negative working capital,
Q38: _ is often called the language of
Q39: Long-term financing generated by the owners of
Q40: Mark Lewis manages a corporate department that
Q41: Chief financial officer Ellen Soroti asks her
Q75: Depreciation helps keep the accounting equation in
Q97: What would be a project to be