Question
Pina Colada Corp. reported net sales $860,000; cost of goods sold $559,000; operating expenses $225,750; and net income $73,100. Calculate the profit margin and gross
Pina Colada Corp. reported net sales $860,000; cost of goods sold $559,000; operating expenses $225,750; and net income $73,100. Calculate the profit margin and gross profit rate. (Round answers to 1 decimal place, e.g. 10.2%.)
| Profit margin | enter percentages rounded to 1 decimal place % | |
|---|---|---|
| Gross profit rate | enter percentages rounded to 1 decimal place % |
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Auditing Your Payment Cards Processes Systems And Applications A Step By Step PCIDSS Compliant Audit Program A Practice Guide For Payment Card Brands Issuers Acquirers Processors And Switches
Authors: Nwabueze Ohia
1st Edition
1521799229, 978-1521799222
