Multiple Choice
Carrington Inc.reported net sales revenues of $19.8 billion and cost of goods sold of $6.0 billion.Its gross profit percentage was:
A) 30.3%.
B) 69.7%.
C) 3.3%.
D) 2.3 %
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q95: Which of the following statements about the
Q112: When using a perpetual inventory system,the Cost
Q124: Beginning inventory was $5,000.During the month,the company
Q125: A retailer using a periodic inventory system
Q126: Gross profit is not a ledger account
Q128: Bennett's Clothing purchased goods on credit costing
Q130: Inventory shrinkage is the difference between inventory
Q132: East Corp.sold $1,000 of merchandise to a
Q133: Angle Inc.announces that its gross profit rose
Q134: On October 1,Robertson Company sold inventory in