Question
Given below are account balances for Charlie Company: Gross sales, $100,000 Sales returns and allowances, $4,000 Selling expenses, $12,000 Cost of goods sold, $58,000 Interest
Given below are account balances for Charlie Company:
Gross sales, $100,000
Sales returns and allowances, $4,000
Selling expenses, $12,000
Cost of goods sold, $58,000
Interest expense, $3,000
How much is the gross profit margin? (enter your percentage as a decimal rounded to two decimal places. Example - enter 46% as .46)
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Construction Safety Auditing Made Easy A Checklist Approach To OSHA Compliance
Authors: Kathleen Hess-Kosa
2nd Edition
0865879796, 978-0865879799
