Solved

If Sales Revenue Is $600 000 and Cost of Sales

Question 30

Multiple Choice

If sales revenue is $600 000 and cost of sales is $450 000,the gross profit margin is:

A) 75%
B) 25%
C) 33%
D) 67%

Related Questions

Q25: For a business selling magazine subscriptions and

Q26: For the financial year ending 30 June,Sunset

Q27: For a retail entity,cost of sales is

Q28: An entity's financial year ends on 30

Q29: Machinery is purchased for $80 000.It is

Q31: Machinery is purchased for $140 000.It is

Q32: For the month of October: total sales

Q33: Which of the following expenses must be

Q34: Auto Care Ltd serviced a motor vehicle

Q35: A statement of changes in equity shows