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Sales revenue $470,800.00 Cost of goods sold 217,766.40 Gross margin $253,033.60 Less: Selling expenses 86,199.20 Administrative expenses 74,942.80 Operating income $91,891.60 What was the sales
| Sales revenue | $470,800.00 |
|---|---|
| Cost of goods sold | 217,766.40 |
| Gross margin | $253,033.60 |
| Less: | |
| Selling expenses | 86,199.20 |
| Administrative expenses | 74,942.80 |
| Operating income | $91,891.60 |
What was the sales revenue percent?
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To calculate the sales revenue percentage we need to divide the gross margin by the total sa...
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
