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please answer this question New GP% You should make no changes on Xero in order to complete this task. Refer to the Profit and Loss
please answer this question
New GP%
You should make no changes on Xero in order to complete this task.
Refer to the Profit and Loss report you published on Xero earlier.
Based on the trading information in July 2022:
Assuming OwnerA was not on the payroll for July 2022.
If OwnerA was paid gross wages of $6600 for her labour time as direct cost for repairs work completed for the business for the month
What would be the new gross profit [GP] margin % of this business?
a. 65.02%
b. 67.23%
c. 45.35%
d. 33.39%
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