Question
Mega Skateboard Supplier, Inc. had net sales of $2.8 million, its cost of goods sold was $1.6 million, and its net income was $0.9 million.
Mega Skateboard Supplier, Inc. had net sales of $2.8 million, its cost of goods sold was $1.6 million, and its net income was $0.9 million. Its gross margin (profit) ratio equals:
| 32%. | ||
| 175%. | ||
| 43%. | ||
| 57%. |
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, Gerald G. Griffin
6th Edition
0471293253, 978-0471293255
