2.3 Using the profit-and-loss statement you developed in question 2.2 and assuming that the companys beginning inventory
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2.3 Using the profit-and-loss statement you developed in question 2.2 and assuming that the company’s beginning inventory was $15 million, ending inventory was $6 million, and total investment was $30 million including inventory, determine the following:
a. gross margin percentage
b. net profit percentage
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Related Book For 
Principles Of Marketing, An Asian Perspective
ISBN: 9781614336488
5th Edition
Authors: Philip Kotler; Gary Armstrong; Ang Swee-Hoon; Leong Siew-Meng; Tan Chin-Tiong
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