A company's net sales are $775,420, its costs of goods sold are $413,890, and its net income is $117,220. Its gross margin ratio equals:
A. 31.5%.
B. 28.3%.
C. 40.5%.
D. 46.6%.
E. 53.4%.
Answer: D
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A) Kolmogorov-Smirnov one-sample test B) runs test C) binomial test D) Mann-Whitney U test
In the private sector, drug testing is largely regulated by individual states.
Answer the following statement true (T) or false (F)
A manufacturing company is considering two alternative locations for a new facility. The fixed and variable costs for the two locations are found in the table below
For which volume of business would the two locations be equally attractive? If the company plans on producing 50,000 units, which location would be more attractive? Glen Rose Mesquite Fixed Costs $1,000,000 $1,500,000 Variable Costs ($ per unit) 25 23
Using Table 8.1, what is the CFE for months 6-10 for the exponential smoothing technique?
A) less than or equal to 120 B) greater than 120 but less than or equal to 123 C) greater than 123 but less than or equal to 126 D) greater than 126