Multiple Choice
A firm has net sales of $43,000, operating expenses of $8,200, depreciation of $2,500, and cost of goods sold of $21,400. What is the gross margin?
A) 41.1%
B) 45.4%
C) 47.7%
D) 50.2%
E) 55.1%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q48: A decrease in which one of the
Q49: Which one of the following is most
Q50: Regulation FD requires companies to do which
Q51: Which one of the following is used
Q52: Bay Marina, Inc., has net income of
Q54: How frequently do corporations file 10K reports
Q55: A firm has net income of $439,000
Q56: The Corner Market had annual sales of
Q57: A firm has $4,200 of cash, equipment
Q58: Which one of the following is equal