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Use the following information for Jett Co. to answer the following question. 2015 2014 Sales 1,200 1,000 COGS 850 700 Operating expenses 200 200 Income
Use the following information for Jett Co. to answer the following question. 2015 2014 Sales 1,200 1,000 COGS 850 700 Operating expenses 200 200 Income taxes 30 35 Jett Co.'s gross profit, operating profit and net profit margins for 2015 are: (Points : 4) |
a. 29.2%, 12.5%, 10.0%, respectively. b. 50.0%, 32.5%, 22.5% respectively. c. Not enough information given d.21.5%, 17.5%, 12.0%, respectively. e. 27.0%, 11.0%, 10.5%, respectively.
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