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Blababa [14]
3 years ago
11

A company's gross profit (or gross margin) was $129,650 and its net sales were $502,900. Its gross margin ratio is

Business
1 answer:
viva [34]3 years ago
6 0

Answer:

25.8%

Explanation:

A company gross profit is $129,650

The net sales is $502,900

Therefore, the gross margin ratio can be calculated as follows

Gross margin ratio= gross margin /net sales

= $129,650/$502,900

= 0.258×100

= 25.8%

Hence the gross margin ratio is 25.8%

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"Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividen
yuradex [85]

Answer:

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Explanation:

1 ) What are dividends per share?

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3 years ago
Lawyers, accountants, and other professionals typically price by adding a standard markup for profit. This exemplifies ________.
Korvikt [17]

Answer:

B) cost-plus pricing

Explanation:

hope this helps :)

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