Compute the company gross profit ratio

Assignment Help Accounting Basics
Reference no: EM131561204

Dexter Inc. recorded net sales of $97,000 during the period, and its cost of goods sold amounted to $67,900. Compute the company's gross profit ratio. If required, round your answer to the nearest percent.

Reference no: EM131561204

Questions Cloud

Compute the depreciation expense : Compute the depreciation expense that Bush will record on each of the three assets for 2014. Do not round intermediate calculations
What is the amount of owner''s equity : Stone Enterprises has $43,000 in cash, $16,000 in inventory, $23,000 balance due to creditors, and $35,000 balance due from customers
Prove that f is increasing on the given interval : Surgeries in physicians' offices driven by technological advances and financial pressures, the number of surgeries performed in physicians' offices nationwide.
Discussion on department of health and human services : Discussion on Department of Health and Human Services. Substance abuse treatment programs that are subject to HIPPA must comply with Privacy Rule.
Compute the company gross profit ratio : Dexter Inc. recorded net sales of $97,000 during the period, and its cost of goods sold amounted to $67,900. Compute the company's gross profit ratio
What are microaggressions : How does the APA report describe "hidden prejudice" or "stereotypical or prejudiced thoughts without deliberate intent"?
Increase your knowledge of prenatal development : The purpose of this assignment is to increase your knowledge of prenatal development and to help you learn to use scholarly research effectively.
Illustrates how the project will be managed effectively : Real Life Project Management Plan- Develop a 5- to 7-slide presentation with speaker notes that illustrates how the project will be managed effectively.
Draw a neat diagram of human excretory system : Name the instrument used to measure electric current in a circuit. 2 In which part of the digestive system is water absorbed -What are magnetic field lines

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd