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Gross profit I have 30.1% is incorrect--is it 30.9% or 31.0% Financial information for two companies are presented below. Your answer is correct. Fill in

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Gross profit I have 30.1% is incorrect--is it 30.9% or 31.0%

Financial information for two companies are presented below. Your answer is correct. Fill in the missing amounts Yoste Company Noone Company $90,000 Sales revenue 5,000 sales returns and allowances 6.000 100,000 84,000 Net sales 58,000 Cost of goods sold 40,000 Gross profit 141380 Operating expenses 17.000 Your a s partialy correct. Try again calculate the profit margin and the gross profit rate each ccmpamy. Yoste Compa Noone Company Profit margin

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