Question
A-Rod Fishing Supplies had sales of $2,860,000 and cost of goods sold of $1,930,000. Selling and administrative expenses represented 11 percent of sales. Depreciation was
A-Rod Fishing Supplies had sales of $2,860,000 and cost of goods sold of $1,930,000. Selling and administrative expenses represented 11 percent of sales. Depreciation was 6 percent of the total assets of $4,090,000. What was the firms operating profit?
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Carbon Markets Or Climate Finance?
Authors: Axel Michaelowa
1st Edition
0415743435, 978-0415743433
