Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a company s revenue is $ 5 5 0 M , operating income is $ 5 0 M and COGS is $ 2 0

If a companys revenue is $550M, operating income is $50M and COGS is $200M, the companys gross profit is?

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

Step: 3

blur-text-image

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

Regulating Effect Of Tax On Chinese National Income Distribution

Authors: Qingwang Guo, Bingyang Lv, Ximing Yue

1st Edition

113832969X,0429826753

More Books

Students also viewed these Finance questions

Question

What is the current year you are evaluating?

Answered: 1 week ago