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gulaghasi [49]
3 years ago
9

A new business has total net sales of $5,000 and the cost of goods sold is $3000. What is the total gross margin from sales?

Business
1 answer:
irakobra [83]3 years ago
8 0

Gross margin from sales equals net sales minus cost of goods sold.

In this case 5000 - 3000 = 2000

Gross margin is how much money from sales will be added to overall profitability to pay other expenses, basically how much above the cost of selling the goods do we make at the sales price we are charging.

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Setting up a business with the aim to make a profit.

is the correct answer

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If the fed buys $1 million in government securities from bank a, then the immediate effect of this transaction is an increase in
d1i1m1o1n [39]

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6 0
1 year ago
Suppose someone believes that if a per-unit tax is placed on the producers of good Y, the consumers of good Y will end up paying
Alex_Xolod [135]

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3 years ago
During 2013, Company A has the following transactions involving its common and preferred stock:
Dennis_Churaev [7]

Answer:

Explanation:

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sertanlavr [38]

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