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Could you please showcase the necessary formulas and explain how to work these questions out? Thank you so much in advance! 11. If Gross Profit

Could you please showcase the necessary formulas and explain how to work these questions out? Thank you so much in advance! image text in transcribed
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11. If Gross Profit equals 35% for the month, Operating Expenses are equal to 20% of sales for the month, and total employee cost is equal to 50% of Operating Expenses for the month, what is the Personnel Productivity Multiplier for the month? a. 2.0 b. 2.5 c. 3.0 d. 3.5 e. 4.0 12. If a product is purchased by a distributor for $150 and the distributor wants to earn 25% gross margin, what would be the selling price? a. $37.50 b. $112.50 c. $125.00 d. $187.50 e. $200.00 a. 13. ABC Supply sold inventory that it had purchased from TAMKO. The total cost of the merchandise was $50,000 plus shipping costs of $1,500. If the total sale of this inventory netted $80,000, what was the gross margin percentage? 20.00% b. 23.33% 35.63% d. 37.50% 54.55% c. e

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