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Each of the following gross profit percentages is expressed in terms of cost. 1. 42%. 2. 53%. 3. 70.00%. 4. 105%. Indicate the gross profit
Each of the following gross profit percentages is expressed in terms of cost.
1. | 42%. | |
2. | 53%. | |
3. | 70.00%. | |
4. | 105%. |
Indicate the gross profit percentage in terms of sales for each of the above. (Round answers to 2 decimal places, e.g. 78.73%.)
Gross profit in terms of cost | Gross profit in terms of sales | |||||
1. | 42% | % | ||||
2. | 53% | % | ||||
3. | 70.00% | % | ||||
4. | 105% | % |
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