1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
butalik [34]
2 years ago
11

Last month, Korey’s Comics had $4,350 in net sales with a gross profit of $3,320 and a net income of $1,850. Calculate Korey’s g

ross profit margin. a. 42.5% b. 55.7% c. 76.3% d. 179.5%
Mathematics
2 answers:
kondaur [170]2 years ago
8 0

The gross profit margin for Korey’s Comics given the net sales, gross profit and net income is  55.7%.

<h3>What is the gross profit margin?</h3>

Gross profit margin is a profitability ratio. It is used to measure the financial health of a company and used to determine the efficiency with which the firm generates profits.

Gross profit margin = net income / gross profit

1850 /3320 = 55.7%

Ksenya-84 [330]2 years ago
5 0

Answer:

actually its A... i know cause i got it WRONG

Step-by-step explanation:

You might be interested in
Can someone graph x &lt; 2?
natima [27]
This would be the graph

5 0
3 years ago
Sheila purchased ski equipment for $513 using a six-month deferred payment plan. The interest rate after the introductory period
klemol [59]

$65 * 6 = $390 total monthly payments made

The downpayment made is $125, so the total balance at the end is:

balance = $513 – ($125 + $390)

balance = - $2

 

<span>There is an excess of 2 dollars at the end.</span>

4 0
3 years ago
What is the perimeter of polygon ABCDEF
MissTica
47 is the perimeter
3 0
3 years ago
Read 2 more answers
How do you solve the math equation
GalinKa [24]
First of its y-y1 = m(x-x1)
m is the slope, what it is increasing by. 
y1 is the y intercept of your pair. 
X1 is the x intercept of your coordinate pair, plug them in. If you dont know slope the formula to find it is:
y2-y1/x2-x1
8 0
3 years ago
Sixty photos taken at a photo shoot are in black and white. If this represents 15 percent of the total number of photos taken, w
Oduvanchick [21]

If this represents 15 percent of the total number of photos taken, which equation can be used to find the total number of photos? A. 60×4/15×4 = 240/60.

5 0
3 years ago
Read 2 more answers
Other questions:
  • In a survey of 1,000 television viewers, 40% said they watch network news programs. For a 90% confidence level, the margin of er
    11·1 answer
  • When 15 times a number is.
    6·1 answer
  • HLP MATH pls look at the image below
    5·1 answer
  • 2 2/3 +2 2/3 + 2 2/3 +2 2/3
    12·2 answers
  • Given ABCD is a parallelogram Prove AB CD and BC DA. Assemble the proof by dragging tiles to the statements and reasons column
    8·1 answer
  • In the diagram a || b. Use the diagram to answer the question. If m&lt;1= 36°, what is m&lt;5
    6·1 answer
  • Hi can someone answer this question please
    8·1 answer
  • How do I solve this radical and then check all the solutions?
    6·1 answer
  • Lisa’s scores for 3 video games were 245, 672, and 437. What would she have to score in the next game to tie her friend Anne’s a
    15·2 answers
  • Answerrrrr please to this
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!