Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume kangaroo kut made net sales revenue of $94,000 and costs of goods sold totaled $53,000. What was kangaroo kut's gross profit percentage for this

Assume kangaroo kut made net sales revenue of $94,000 and costs of goods sold totaled $53,000. What was kangaroo kut's gross profit percentage for this period? (round your anwser to the nearest whole percentage) image text in transcribed
Assame Kangaroo Kit made Net Sales Reverum of 4,000 and Cost of Goods Sold tooted 55,000 What was Kangaroo ku gris prolt percentage for this period? (Round your answer to the nearest whole percent. OA 13 met OS G

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting In China And Southeast Asia

Authors: Robert C. Rickards, Rolf Ritsert, Kanitsorn Terdpaopong

1st Edition

3030662446, 978-3030662448

More Books

Students also viewed these Accounting questions

Question

Explain all drawbacks of application procedure.

Answered: 1 week ago