Question 20 of 20 value 1000 polnts TB 1319 Company X has ne
Question 20 (of 20) value: 10.00 polnts TB 13-19 Company X has net sales revenue of $780,000, cost. and all other expenses of $327,600. The net profit margin is: Company X has net sales revenue of $780.000, cost of goods sold of $343.200, O 0.14 O 0.32 O 0.56 cial Ratios to of $780.000, cost
Solution
Company X $ Net sales revenue 780000 Cost of goods sold 343200 Gross margin 436800 All other expenses 327600 Net income 109200 14.00% The net profit percentage is A 14.00%