Gross margin ratio equals

Assignment Help Financial Accounting

Reference no: EM13915806

A company's gross profit was $88,890 and its net sales were $366,100. Its gross margin ratio equals: (Round your answer to one decimal place.) rev: 09_29_2015_QC_CS-27471

75.7%.

4.1%.

$88,890.

24.3%.

$366,100.

Reference no: EM13915806

Questions Cloud

Process improvement manager at your organization : You are the Process Improvement Manager at your organization. You have been assigned the project of identifying the current performance levels of the establishment as well as a introducing various process improvement strategies, such as Six Sigma,..

Research on massachusetts law : Your client, Jim, lives in Worcester, Massachusetts. He owns a downtown Worcester property that is zoned for commercial office space. However, since there is already plenty of office space available in Worcester, Jim does not feel that it would be..

Brief summary of the methods : This section should provide a brief summary of the methods, results, and conclusions. It should allow the reader to see what was done, how it was done, and the results. It should not exceed 200 words and should be the last part written (although i..

How would you adapt to the four categories of listeners : Why are analyzing an audience and anticipating its reactions particularly important before business presentations, and how would you adapt to the four categories of listeners?

Gross margin ratio equals : A company's gross profit was $88,890 and its net sales were $366,100. Its gross margin ratio equals: (Round your answer to one decimal place.) rev: 09_29_2015_QC_CS-27471

What delivery method is most effective for speakers : What delivery method is most effective for speakers? Why should speakers deliver the first sentence from memory? What five issues should be resolved before a team can collaborate productively?

Describe aims of the plan : Describe a philosophy of the plan. Why you are creating this involvement plan? Describe aims of the plan. What you intend to do?

Capital-asset procurement policy : ABCs capital-asset procurement policy requires the Board of CAEs (BOD) approve any single acquisition over $150,000. If the board approves a project, then the treasurer will transfer the funds to the respective plant.

Which company do investors believe has the greater potential : During 2013 Catour, Inc., and Pavie, Inc., reported net incomes of $220,000 and $190,000, respectively.

User Account

All Pages