A wireless speaker is sold for $90, and it costs $60 to produce. What is the profit margin percentage based on the selling price?单项选择题

登录即可查看完整答案

我们收录了全球超50000道真实原题与详细解析,现在登录,立即获得答案。

类似问题

Company X has a net income of $230,537 and sales of $2,755,744. What is the profit margin? If the answer is 10.4567%, write 0.1046.

Venus Limited has net income of $21 million, earnings before tax of $30 million, earnings before interest and tax of $38 million, gross profit of $55 million, sales of $200 million, assets of $300 million, current liabilities of $50 million and shareholders’ equity of $120 million. Calculate profit margin?

Company A has a net income of $264,109 and sales of $2,936,308. What is the profit margin? If the answer is 10.4567%, write 0.1046.

Using the financial statements below, calculate the profit margin as a percentage for the current year.  Please calculate to 1 decimal place. Do not use the % symbol. For example, if it is 3.2%, enter 3.2 into the box. If your answer is a negative, please include the minus symbol before the number (no space in between) Profit and loss statement Current year Prior year Revenue 14,800 18,500 Less Cost of sales 6,000 7,500 Gross profit 8,800 11,000 Less expenses Wages Expense 5,500 6,500 Interest Expense 2,200 2,000 Depreciation Expense 1,000 1,200 Advertising Expense 900 800 Net profit (800) 500 BALANCE SHEET Current year Prior year Current assets Cash 14,250 16,700 Accounts Receivable 14,000 3,500 Inventory 6,000 2,500 Prepaid Expenses 650 1,500 Non-current assets Property Plant Equipment 192,500 193,500 Land 210,000 210,000 Total assets 437,400 427,700 Current liabilities Accounts Payable 11,700 4,200 Unearned Revenue 3,500 2,000 Wages Payable 3,500 2,500 Non-current liabilities Bank Loan 118,000 122,500 Total liabilities 136,700 131,200 NET ASSETS 300,700 296,500 Equity Share Capital 255,000 250,000 Retained Earnings 45,700 46,500 TOTAL EQUITY 300,700 296,500

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！