5 (1 point) Book Cookers Co. shipping and handling costs normally represents 1.5% of revenues per transaction. The company has a true underlying growth rate of 5% however the company is manipulating its revenue to achieve a 10% reported revenue growth rate. Starting from a base in Year 1 in which the company generated revenue of $100 million and assuming shipping and handling costs represented 0% of fake revenue, how much did shipping and handling costs represent as a percentage of revenue reported in Year 2? 1.1% 1.4% 1.2% 1.3% Question 6 (1 point) Book Cookers Co. reported revenues of $100 million and gross profit of $72 million. Calculate gross margin. 71% 27% 81% 72% Question 7 (1 point) Book Cookers Co. reported revenue of $100 million, generates a gross margin of 40%, and has operating expenses of $13 million. Calculate operating margin. 27% 13% 16% 60% Question 8 (1 point) Book Cookers Co. has normal Days Sales Outstanding of 90 days. The company has a true underlying growth rate of 5% however the company is manipulating its revenue to achieve a 10% reported revenue growth rate. Starting from a base in Year 1 in which the company generated revenue of $100 million and assuming fake revenue takes 365 days to collect, calculate days sales outstanding in Year 2. 93 130 354 103