A company's net sales were $676,600, its cost of goods sold was $236,810 and its net income was $33,750. Its gross margin ratio equals:
A. 285.7%.
B. 65%.
C. 9.6%.
D. 5%.
E. 35%.
Answer: B
Business
You might also like to view...
Which of the following coenzymes will accept two electrons and two hydrogen ions during the oxidation of glucose?
A. NAD+ B. FAD C. NADH D. FADH
Business
Organizations often organize their data warehouse as a collection of _____, smaller collections of data that focus on a particular subject or department.
Fill in the blank(s) with the appropriate word(s).
Business
________ consist of models that are represented as diagrams rather than as strictly mathematical techniques
Fill in the blank with correct word.
Business
The use of a person's likeness for commercial purposes without permission is appropriation
a. True b. False Indicate whether the statement is true or false
Business