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What is the Markup ? Price $40.00 Cost $30.00 Markup 3. Revenues $7,000 $8,000 Cost of Goods Sold $4,500 $5,000 Gross Profit $2,500 $3,000 S

What istheMarkup?

Price

$40.00

Cost

$30.00

Markup

3.

Revenues

$7,000

$8,000

Cost of Goods Sold

$4,500

$5,000

Gross Profit

$2,500

$3,000

S G & A

$600

$900

Operating Expenses

$900

$1,000

Operating Profit

$1,000

$1,100

What is the Gross Margin and Operating Margin in the first year?

How muchhas Gross Profit increased as a percentage?

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